Nickel soars to record $100,000 a tonne; Shell to withdraw from Russian oil and gas – business live

Rolling coverage of the latest economic and financial newsLatest: Shell to pull out of Russian oil and gas marketShell to shut service stations, aviation fuels and lubricants operations in RussiaCEO Ben Van Beurden apologises for buying tanker of Russian crudeNickel price doubled at one stage on supply worries and short squeezeRussia threatens Europe’s gas supplies as west mulls oil import ban over Ukraine invasionHow 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 – liveEurope’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. Continue reading…

Rolling coverage of the latest economic and financial news

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.

Continue reading…