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Halving of oil prices in 2014 inflicted great pain on Russia whereas costly oil in the years before 2014 contributed to the chronic trade deficits and inflation suffered by nations like India and Pakistan- making the commodity cycle a constant source of instability.
Suffered by nations like India and Pakistan was the costly oil in the years before 2014 which added to their trade deficits and inflation while halving of oil prices in 2014 inflicts great pain on Russia which has made the commodity cycles a source of instability and has been so constantly.
All except option B
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