Investors are reportedly worried about the safety of their assets after Switzerland froze billions in Russian funds Executives at major banks in Switzerland have warned that the country’s decision to support Ukraine-related sanctions against Russia is having a negative impact on their business, the Financial Times reported on Thursday.
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Russia was the fourth-largest exporter of the super-chilled fuel to Spain last year, official data shows Spain’s imports of liquefied natural gas (LNG) from Russia more than doubled this past February compared to the same month last year, data from Spanish energy major Enagas published on Friday showed.
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Oil giant Saudi Aramco reported record-high earnings for 2022, made off higher crude prices. According to a company press release issued on Sunday, Aramco’s profits surged to $161 billion last year, up 46% from the $110 billion it made in 2021.
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