How rising oil prices will change the world as we know It

As the war in Ukraine entered its third week, the price of a barrel of oil peaked at $130, its highest since 2008. The pain is already spreading around the world—to people who rely on…
Ones and Tooze

The stalled green transition

The US and UK banned Russian oil and gas imports on Tuesday to punish Moscow for invading Ukraine, the stalled green revolution, and Russians are fleeing the country.
FT News Briefing

What does banning Russian oil mean for the world?

US President Joe Biden has imposed a ban on Russian oil and gas. And the UK announced it will phase out imports of Russian oil by the end of the year. What are the consequences…
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