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Doesn t it, including just transporting goods to shops so we will all pay the price. absolutely, the highest oil and diesel prices in the north sea in the last 20 years and this is going to have an impact on everybody stopping just like the gas prices. the european, uk gas price is at its all time high, in fact the gas price is more than double the oil price at the moment, so whether it is energy bills or petrol pumps or yes, what could drive inflation across the board are all going to be impacted by these high oil and gas prices. oil and gas prices. nathan, thanks for oil and gas prices. nathan, thanks for your oil and gas prices. nathan, thanks for your insight. - oil and gas prices. nathan, thanks for your insight. it | oil and gas prices. nathan, | thanks for your insight. it is one we will talk about again. nathan piper there, oil and gas research at investec. so how would an oil ban fit in with the sanctions already announced ? the list of companies terminating their operatio ....
The highest level for 13 years. other commodities are also on the move prices of wheat, aluminium and nickel have also seen record highs. in fact the london metal exchange suspended trading in nickel after skyrocketing values overnight. it s sure to have knock on effects, as nickel is a key component in the production of electric cars. meanwhile, russia s deputy prime minister warned of catastrophic consequences for the global market that he said would drive oil prices to more than double to $300 a barrel. if the west goes ahead with a ban on russian oil. theo leggett is our business correspondent. let s start with the oil ban. we hear that an announcement from the us on that is imminent, in the coming hours. will it have an impact? ....
And when it comes to warplanes, which again, zelensky is desperate to get his hands on, you are, should i say, encouraging very strongly poland to give those mig warplanes to ukraine quickly, are you? look, that s poland s sovereign choice. we are looking at all range of platforms to enable ukrainians to defend their skies and more importantly, to defend their neighbourhoods and their neighbours. because we are seeing a lot of civilians dying as a result of this unprovoked conflict, including strikes on hospitals, orphanages, schools, ambulances, pharmacies, etc. and so we re looking at a range of different systems. you have also you, the government in the united states have talked a lot about strengthening sanctions. there seems to be a move afoot to get an oil ban, oil purchase ban issued by the us government. ....
Up his call with fellow european leaders, his counterparts there, the latest effort to unite allies against further sanctions against putin. michael, first of all, what signals, if any, are you getting out of the white house after this meeting, more than an hour on the phone? the u.k., and macron in france just talked to putin yesterday. what signals at all about the oil ban, which congress is pushing, bipartisan support. it will be imposed and the president will have to veto it if it s not supported by the allies. should we be going it alone? what do you hear? congress is putting a lot of pressure on president biden on this issue. ....
Roller bag and then leave the country, and they don t know when they re coming back. it s a choice between that and the prospect of, well, real danger, possible death, which is happening more and more to civilians here. it s just heart wrenching. it s 2022, it s a country of 44 million people, and millions of them facing that very choice. yeah, they certainly are, and it is so important, though. such a beautiful, heartbreaking story. we hear, too, they had to pare everything down get rid of their bags to make room for other kids on that train. and yana brought just socks for herself. as we look at where we are now, some 12 days into t, ukraine s president as we said earlier demanding new sanctions against russia, including boycotting the country s oil. on sunday secretary blinken told cnn the western allies are looking into possible banning imports of russian oil. cnn s white house correspondent jeremy diamond is joining us now. it s not just an oil ban being ....