The repeated release of crude oil from the US Strategic Petroleum Reserve (SPR) by the Biden administration has left the national stockpile at its lowest in more than 30 years, according to US Oil and Gas Association President Tim Stewart.
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Switzerland has an estimated 7.7 billion Swiss francs ($8.81 billion) of Russian assets frozen in its financial institutions, the national agency overseeing sanctions announced late last week. While the figure is a provisional estimate and may be subject to change, it represents an increase on the 7.5 billion francs the Swiss authorities said they blocked last…
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The revenues of the 42 American firms in the top 100 accounted for 51% of total weapons sales Sales of weapons and military services by the world’s top 100 arms makers totaled $597 billion last year, according to a report released by the Stockholm International Peace Research Institute (SIPRI) on Monday. US firms continued to…
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