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  • Russian invasion of Ukraine would ‘echo around the world’, warns Johnson

    February 19, 2022

    Prime Minister Boris Johnson has warned that the shock of a Russian invasion of Ukraine would “echo around the world” as he told world leaders today that the crisis in Ukraine represented a "moment of extreme danger for the world".

  • Boris Johnson to fly out to Munich today as tensions between Russia and Ukraine refuse to ease

    February 19, 2022

    Prime Minister Boris Johnson is set to join senior Government ministers at a major security conference in Munich today amid rising tensions between Russia and Ukraine. It comes as the UK warned the crisis in the region is at a “critical juncture”, with Russia accused of “manufacturing a pretext” for launching an attack. At a [...]

  • Bitcoin’s playing it cool while the world overheats

    February 18, 2022

    It looks like Bitcoin is keeping its head, while all around are losing theirs, says Jason Deane in his weekly report.

  • Breezy does it: Wind output pushes down power prices while diplomacy causes oil and gas to falter

    February 18, 2022

    Power, gas and oil prices all stutter amid stormy weather and increased hopes of diplomatic solutions to geopolitical tensions.

  • We must end our dependency on Russia’s gas and embrace renewable opportunities

    February 18, 2022

    Our energy bills are up by 54 per cent this year. It’s not just gas – the cost of fuel, food, and furniture is ticking up too. The Bank of England now expects inflation to surge past 7 per cent by the end of this year. That’s going to price many of us out of [...]

  • London markets mixed as investors mull next steps in Russia-Ukraine saga

    February 17, 2022

    London markets plummeted today as investors were spooked by a seeming false alarm on a de-escalation in the Russia-Ukraine saga. The capital’s premier FTSE 100 index dropped 0.87 per cent to 7,537.37 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, plunged 1.24 per cent to [...]

  • Joe Biden: Russia invasion of Ukraine likely in ‘several days’

    February 17, 2022

    Joe Biden believes a Russian invasion of Ukraine will happen in the “next several days” and that Moscow’s claims of military de-escalation are untrue. The US President today said the threat of invasion was “very high” and that he believed a false flag operation – in which Russia would fake a Ukrainian attack as a [...]

  • Europe’s LNG terminals near full-capacity amid deepening tensions between Russia and the West

    February 17, 2022

    Most of Europe's liquefied natural gas terminals have been topped up to full capacity again, following an influx of supplies from the US.

  • Gazprom’s oil arm revels in record profits as the West warns Russia about sanctions

    February 17, 2022

    Gazprom Neft has reported recorded profits while the West warns Russia of sanctions against key companies if it invades Ukraine.

  • Oil rallies stutter as US-Iran talks reach final stages

    February 17, 2022

    Oil prices have dropped this morning as talks to revive the aborted nuclear deal with Iran have progressed over recent days.

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