Oil could hit $120 next year – Fitch Ratings

The spike in energy prices could be a result of the escalating Middle East conflict, according to a new report The conflict in the Middle East threatens to disrupt the oil supply and subsequently hurt global economic growth in 2024, Fitch Ratings has warned.

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Swiss lawmakers look to boost arms exports 

Weapon shipments to Ukraine would nevertheless remain banned, according to the cabinet proposal  Switzerland is looking to bypass its rigid neutrality laws and export restrictions in order to boost weapons sales, which play a vital role in the country’s economy, according to a statement by the Swiss Federal Council on Wednesday.

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US aiming to ‘kill’ major Russian energy project – official

Washington must also deter Asia from dependence on Moscow, Geoffrey Pyatt has claimed The White House is planning to “kill” Russia’s Arctic LNG 2 energy project, according to US assistant secretary of state for energy resources, Geoffrey Pyatt.

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