The head of Trafigura warned of a “parabolic” rise in oil prices, and funding for Musk’s Twitter deal is partially suspended – these and other important news for Wednesday morning, June 8, in our daily review.

Oil prices could see a “parabolic” rise this year, soaring to records and slowing economic growth, according to Jeremy Weir, chief executive of oil trader Trafigura. “We have a critical situation,” Weir said at the Financial Times Global Boardroom conference on June 7, the newspaper reported.

The ability of the world’s richest billionaire, Ilon Musk, to raise funding that will reduce his own contribution to the $44 billion purchase of social network Twitter has shrunk due to uncertainty over the completion of the deal. This was reported to Reuters by interlocutors familiar with the situation.

The Bank of Russia raised the threshold for transfers abroad for individuals – from June 8, it is allowed to transfer to foreign accounts up to $150,000 per month. Before that the limit was $50,000 per month. This is reported on the website of the Central Bank.

The total revenue of the operators of the largest Russian airports at the end of 2021 amounted to 148 billion rubles, net profit – 45 billion rubles, writes RBC with reference to the reporting of companies on RAS. Compared to 2020, the companies’ revenue increased by 48.5%, net profit – 5.5 times.

The U.S. authorities intend to reduce dependence on uranium supplies from Russia, Bloomberg news agency reports citing sources. Washington plans to reduce supplies by investing in the development of uranium enrichment facilities in the United States.