US approves sale of 500 Patriot missiles to Ukraine

The US has approved the sale of 500 Patriot missiles to Ukraine, a critically-needed munition for defence against escalating Russian aerial attacks, after Kyiv said deliveries had been delayed in recent months. The US State Department said the advanced PAC-3 interceptor missiles would cost $2.1bn (£1.6bn) and would be “funded entirely” by Kyiv’s allies in […]

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A cold winter risks new gas price shock for Europe

European natural gas prices continue to rise as the continent’s stocks are depleted to record lows, fueling fresh fears of a looming winter price shock. Dutch Title Transfer Facility (TTF) futures for December delivery were last seen up 4.9% higher at 102.78 euros ($115) per megawatt-hour on Friday, having exceeded 100 euros on Wednesday. That […]

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