Threat of further petrol and diesel price rises after European Commission unveils toughest measure yet against Russian energy supplies
The Consumer Prices Index is expected to hit 8 per cent, causing the steepest decline in living standards since the 1950s as wage increases fail to keep pace.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
E.U. Leader Calls for Russian Oil BanThe EU’s top official called on the 27-nation bloc to ban oil imports from Russia in a sixth package of sanctions targeting Moscow for its war in Ukraine
Read more »
EU unveils plan to ban all Russian oil imports by end of yearEuropean Commission President Ursula von der Leyen has called on the bloc to ban oil imports from Russia by the end of the year in a sixth package of sanctions targeting Moscow for its war in Ukraine.
Read more »
EU to unveil Russian oil sanctions as evacuees recall Azovstal horrorRussia continued attacks on east Ukraine as head of British armed forces criticises ‘shocking intelligence failures’ in Putin’s military campaign
Read more »
Germany warns EU to expect economic cost from Russian oil embargo\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »
China’s independent refiners start buying Russian oil at steep discounts\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »
European Council president ‘confident’ of imminent sanctions on Russian oilPivot by Germany bolsters support for phased-in import ban as Charles Michel says goal is to ‘break Russian war machine’
Read more »