News

Why the Russia, Ukraine crisis will see you pay more for fuel

Published

4 years ago

February 22, 2022

Anthony Lucas

The crisis in Ukraine will have you paying more for fuel after oil prices climbed to a new, all-time high

Oil prices are climbing on fears that the Ukraine-Russia crisis will disrupt supplies across the world.

The price of Brent crude reached a seven-year high of $97.65 USD a barrel on Tuesday following an announcement by Russian President Putin ordering troops into two rebel-held regions in Ukraine’s east after it recognised them as independent states.

The UK and several western allies have threatened sanctions on Russia.

WASHINGTON, DC – MAY 13: U.S. President Joe Biden

Russia is the second largest oil exporter after Saudi Arabia

The Kremlin has stated that its troops will engage in “peacekeeping” in the self-declared Donetsk and Luhansk people’s republics – but those comments have been met with questions by the west, with the US calling such peacekeeper comments “nonsense”.

The White House says that Russia is creating a pretext for war.

Russia is also the world’s top producer of natural gas

A report by the BBC stated that sanctions forcing Russia to supply less crude or natural gas would have “important impact on the global economy.”

News

Israel and Hamas agree to landmark hostage deal

Israel and Hamas agree to release hostages in U.S.-brokered deal, marking a potential turning point in Gaza conflict.

Published

23 hours ago

October 10, 2025

ticker NEWS

Israel and Hamas agree to release hostages in U.S.-brokered deal, marking a potential turning point in Gaza conflict.

In a major diplomatic breakthrough, Israel and Hamas have agreed to release all remaining Israeli hostages under a U.S.-brokered framework. The deal pairs prisoner exchanges with an Israeli troop pullback and expanded aid access, marking a potential turning point in the two-year Gaza conflict.

The agreement, set for approval by Israel’s cabinet, could pave the way for lasting peace if both sides uphold the terms. It follows weeks of negotiations led by U.S. envoys and regional mediators in Egypt, Qatar, and Türkiye.

As international agencies prepare to facilitate aid and logistics, the world watches to see whether this fragile deal can hold and bring relief to millions affected by the war.

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News

Google leads Australia media tax rankings

Google leads in Australian media tax payments, unlike Netflix and others, igniting discussions on fairness and corporate responsibility.

Published

2 days ago

October 9, 2025

ticker NEWS

Google leads in Australian media tax payments, unlike Netflix and others, igniting discussions on fairness and corporate responsibility.

Google is currently on the of top of Australian media tax payments, while Netflix, Dentsu, and Singtel pay nothing, sparking a fresh debate over fairness and corporate responsibility in the industry.

#TaxTransparency #Google #Netflix #CorporateResponsibility #AustraliaBusiness