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Transcripts for BBCNEWS BBC News 20220224 10:02:00

Spread, oil prices soared to above 100 dollars a barrel for the first time in seven years. hello and welcome if you re watching in the uk or around the world. this is our special coverage of the russian invasion of ukraine. in the last few moments, we have heard another explosion here in the ukrainian capital, trying to establish know exactly where the explosion happened but in the vicinity here of the centre of kyiv, from where we are broadcasting. and about half an hour ago, just beneath ....

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Transcripts for BBCNEWS BBC News 20220224 09:01:00

Want to sit at a table with us for the sake of peace, maybe it will sit at the table with you. there is widespread international condemnation of russia s actions. we will target strategic sectors of the russian economy by blocking their access to technologies and markets that are key to russia. in london, borisjohnson has been chairing an emergency cobra meeting on the crisis. the uk government says it stands shoulder to shoulder we will respond both in terms of economic support, - in terms of military support and, as i say, in terms of a punitive sanctions package. as news of the russian attack spread, oil prices soared to above 100 dollars a barrel for the first time in seven years. ....

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Transcripts for BBCNEWS Context 20220224 21:17:00

Protesters have been arrested across 39 cities, according to independent monitoring groups. we also saw protests around the world with anti russia and anti war protesters taking to the streets in dozens of countries. the launch of the invasion has also brought chaos to the stock markets. oil prices surged past 100 dollars per barrel that s their highest level in seven years. russia is currently the second biggest exporter of crude oil after saudi arabia and is also the world s largest natural gas exporter. wheat prices have also skyrocketed to a nine year high. russia and ukraine together account for almost a third of global wheat exports. while in russia markets crashed and the russian rouble hit an all time low against the dollar with the inevitability of tougher, harsher sanctions from the west. however it s value did bounce back slightly. general, do you think, we discussed for several nights now ....

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Transcripts for BBCNEWS Outside Source 20220224 20:45:00

Half percent at the opening marrying sharp falls on other world equity markets. oil prices have surged past 100 dollars per barrel which is the highest in eight years. he can tell you russia is the world s largest natural gas export there. there is concern as you can imagine that if energy exports, that can in turn sent prices far higher, particularly for the european markets. which is the primary market for russian gas. this is the assessment of one analyst. this is the assessment of one anal st. ~ ., ., . , , analyst. we have an incredibly tight market and the analyst. we have an incredibly tight market and the question analyst. we have an incredibly tight market and the question is - analyst. we have an incredibly tight market and the question is where i market and the question is where does that make spiral come from? it now looks more difficult as they will be sanctions against russia as to where that will come from and how live they will deal with russian now with the full bl ....

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Transcripts for BBCNEWS Breakfast 20220225 06:24:00

More than 100 dollars. it s at the highest level in seven years. motoring groups are warning we are looking at petrol price increases. 1.55 a litre could be a reality soon. that would mean filling up the tank would set you back £85. but: not much of the uk s oil comes from russia just six per cent so why are we still going to be paying so much more at the pump? it is the amount of oil and gas russia provides to global markets and because they are globally traded commodities, the price is set on a global scale rather than a local scale in the uk. russia provides around a0 50% of your s gas, which is a lot bigger than it does for the uk. 20-30% of is a lot bigger than it does for the uk. 20 30% of europe s oil. so it is a big player with oil and gas in europe as a whole. ....

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