Investors fear recession as banks raise interest rates

Switzerland received 3.1 tonnes of gold worth around $200 million from Russia in May

Manufacturers should not take advantage of “market dominance” to bully airlines

Supplies remain tight owing to sanctions on Russian oil

Companies struggle to refill storage to avoid deeper trouble in winter

Russia earlier this week limited supplies via the Nord Stream 1 pipeline to around 40% of its capacity

EV maker Rivian Automotive Inc has also raised prices on its pickup trucks by 20%

US gross domestic product (GDP) growth to slow to almost zero by the second half of next year

JV, first announced in March and named Sony Honda Mobility

US dollar also pressures crude prices as it hits highest level against basket of currencies