Nickel trades cancelled after price hits record $100,000; Shell to withdraw from Russian oil and gas – business live
by Graeme Wearden from World news | The Guardian on (#5WW2K)
Rolling coverage of the latest economic and financial news
- Latest: Shell to pull out of Russian oil and gas market
- Shell to shut service stations, aviation fuels and lubricants operations in Russia
- CEO Ben Van Beurden apologises for buying tanker of Russian crude
- Nickel price doubled at one stage on supply worries and short squeeze
- Russia threatens Europe's gas supplies as west mulls oil import ban over Ukraine invasion
- How important is Russian oil and how high could prices go?
- Russia-Ukraine war: humanitarian corridor opened from Sumy; Moscow threatens to cut gas supplies to Europe - live
Europe's stock markets are calmer this morning, after recent heavy falls.
In London, the FTSE 100 index is down just 12 points, or 0.2%, having hit seven-month lows at one point yesterday before partially recovering.
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