Military Pledges Against Russian Threat And Oil Climbs Again

FTSE 100 opens higher – led by energy, mining and defence stocks.Brent crude rises to $116 a barrel as worries persist about supply.Russian threat expected to lift demand for military hardware.The retreat of Covid in China is boosting metals prices and mining shares.WISE revenues surge but worries remain as co-founder faces regulatory probe.Oil Prices Climb“The steady march back upwards in the oil price and expectations of higher defence spending have helped bolster the FTSE 100. The Index surged higher in early trade, before falling back slightly, largely shaking off the nervousness that had …

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