us is talking to european allies about banning imports of russian oil. as a result prices on global markets are shooting up. this is what has been happening. if you look a couple of weeks ago before the conflict in ukraine began, the price of oil was around $90 a barrel. todayit of oil was around $90 a barrel. today it went above $130 a barrel, a huge increase initial period of time. the same thing on the gas markets. a few weeks ago the price of wholesale gas in the uk was 200 p a fan and now it is 800 p a plan, a massive increase. high energy prices really matter. the cost of petrol and diesel is already at record levels but that may be just the start. levels but that may be ust the start. ., , start. here in the uk it has consequences start. here in the uk it has consequences for - start. here in the uk it has. consequences for household start. here in the uk it has - consequences for household energy bills, your gas, consequences for the cost of electricity we generate, a lot of
where we use natural gas for high temperature processing. it ripples through multiple sectors of the uk. energy is not the only problem. russia and ukraine are major exporters of wheat. right now there supplies are cut off, driving up food prices. russia is also a case supplier of fertiliser products. it could be a catastrophe for the world s portals that they have been the hardest hit by climate, the hardest hit by coronavirus and this on top, a catastrophe on top of a catastrophe. full on top, a catastrophe on top of a catastrophe- on top, a catastrophe on top of a catastrophe. full western nations sanctions are catastrophe. full western nations sanctions are the catastrophe. full western nations sanctions are the best catastrophe. full western nations sanctions are the best tools - sanctions are the best tools available for putting pressure on russia without taking military action. the effects do not come for free and it is the poor who are likely to pay the highest price. me
water. they not want anything but for the war to stop and for family members who have been left behind in their home cities and towns to be safe. of course as we have seen, the humanitarian corridors have broken down over the last three days. there had been attempts to resurrect them but there had been no signs of attempts to evacuate people out of those areas safely. we will be following all these developments closely here and we will continue to report. thank you very much. the price of oil has risen to its highest level in ia years as the us and europe discuss banning imports of russian oil. there are also warnings about food prices the head of one of the world s largest fertiliser companies has told the bbc the war is threatening global food supplies. our business correspondent theo leggett has more.
a third round of talks is expected to be held between ukraine and russian negotiators in the next hour. this map shows the areas here in red where the russians are now said to be in control. the port of mariupol where tens of thousands of civilians are trapped is especially important but the main concentration of russian forces is still around kyiv and there are fresh warnings from ukraine authorities of an all out assault on the capital. a city and regional dropping its card. the russians were not get the red carpet treatment. while the defender slip outwards, citizens are going the other way towards the
there are two others. detailed information about the humanitarian corridors was given to the ukrainian side in advance as well as a dedicated entity of the united nations, the osce and the international committees of the red cross. in his latest address, ukraine s president volodymyr zelensky again condemned russia s attacks on civilians and renewed his demand for aircraft and more military assistance. translation: it is scary to | look at the ruined multistorey buildings, residential blocks and vehicles but grenades, missiles, against people. there is a feeling this is happening in some other country but it is happening in our country. exactly in our country, not anywhere else, in our country which always wanted peace most of all. how many more losses