Hopes of a peace deal have moved forward after Ukrainian President Volodymyr Zelensky conceded for the first time that Ukraine could never join Nato.
25.02.2022 - 19:25 / manchestereveningnews.co.uk
Brits could see a surge in the price of fuel, energy and housing as a result of the Russian invasion of Ukraine, experts have warned.
In the early hours of Thursday morning, Russia launched a 'full-scale invasion' of Ukraine with explosions heard across major cities including the country's capital, Kyiv.
War broke out shortly after 4.35am with Ukrainian president Volodymyr Zelenskyy quickly announcing martial law across the nation, the Mirror reports.
Now, the conflict may have economic consequences that will be seen across the world, including the UK.
It could lead to supply shortages as well as affect how the Bank of England makes economic decisions.
Prime Minister Boris Johnson has warned that "one of the risks of Putin's venture is that there could be a spike in oil prices".
The price increase is directly linked to Brent crude - a vital oil used across Europe.
Brent crude saw its price increase by more than $100 (£74.29) for the first time since 2014 as a result of Russia moving into Ukraine.
Russia is the world's second-largest oil producer and its main customers are other European countries.
Trading oil may become much more difficult because of the war Russia initiated and could disrupt the regular supply of oil, causing price hikes.
It comes after Brits are already paying more than ever to fill up their cars with government figures showing petrol and diesel prices hitting a record high this week.
The average price of a litre of petrol is now 147.7p and diesel 151.95p.
The previous record for petrol was 147.53p, set in November 2021.
Tom Tugendhat, chair of the Foreign Affairs Committee, told the BBC that petrol prices could rise to "significantly" more than £1.70 a litre.
Wheat from Ukraine and Russia is used
Hopes of a peace deal have moved forward after Ukrainian President Volodymyr Zelensky conceded for the first time that Ukraine could never join Nato.
Kate Middleton took the time to honor Ukraine in her attire at the Commonwealth Day Service at Westminster Abbey in London. Kate was joined by her husband, Prince William, father-in-law, Prince Charles, and his wife, Camilla, the Duchess of Cornwall, at the service. Queen Elizabeth II was not in attendance. The 40-year-old Duchess of Cambridge dazzled in a stunning royal blue Catherine Walker coat and matching Sean Barratt hat for the occasion.
Boris Johnson’s has met with oil giants to trash out new terms for North Sea exploration as he delayed the launch of the UK’s new “energy supply strategy”.
Boris Johnson should sack Priti Patel over her department's handling of the Ukrainian refugee crisis, the leader of the Liberal Democrats has said.
Russia would face a “dramatic increased response” from the West if Vladimir Putin uses chemical weapons in Ukraine, a Tory minister warned.
Sean Penn spoke with Ukrainian President Volodymyr Zelenskyy's Chief of Staff Andriy Yermak on Wednesday. Following the conversation, the actor, who has been in Ukraine since the war with Russia began, took to Twitter to weigh in on the country's need for jets. "I JUST got off a call with President Zelensky’s Chief of staff, Andriy Yermak," he wrote.
Tim Allen addressed the ongoing Russian invasion of Ukraine in a tweet Thursday morning. Allen, 68, shared with his followers that he is "full of anger and disgust" with the recent events in Ukraine. "My mind and body are full of anger and disgust at the coward putin ghouls that have attacked a sovereign country," he said. "This is the definition of wrong. My head, heart and soul pray for the people of Ukraine." Allen concluded his tweet with "F-putin".
Olena Zelenska, wife of Ukraine president Volodymyr Zelenskyy, began her career as a screenwriter before becoming the First Lady of Ukraine. Olena, 44, was thrust into the spotlight three years ago, when her husband was voted in as the new president of Ukraine, in an election that saw him win over 70 per cent of the national vote.
Prince Charles has spoken out against Russia and President Vladimir Putin's invasion of Ukraine during a royal engagement Tuesday, March 1, as he condemned the attack as "brutal aggression".The first in line to the throne was joined by his wife and future queen consort Camilla in Southend-on-Sea, for a visit in honour of the murdered MP Sir David Amess.The royal pair formally granted the seaside location city status, a triumph that the late Sir David had been campaigning for for decades. During his speech, Prince Charles, 73, also made a segue way into talking about the current Ukrainian crisis.
Sean Penn, 61, continued to chronicle his time in Ukraine on Monday, Feb. 28, tweeting what he and his colleagues witnessed while waking to the Polish border. The Oscar-winner shared a photo of himself walking down a long road with his luggage in tow and what appeared to be miles of cars lining the road. “Myself & two colleagues walked miles to the Polish border after abandoning our car on the side of the road. Almost all the cars in this photo carry women & children only, most without any sign of luggage, and a car, their only possession of value,” he wrote.
Volodymyr Zelenskyy has had quite the career in the entertainment industry, having worked as a comedian, starred in reality TV shows and even a major Hollywood film. The 44 year old former star turned politician was voted in as the new president of Ukraine in 2019, in an election that saw him win over 70 per cent of the national vote. At first, some were incredibly sceptical of the star's ability to lead the Ukrainian people, but that has been firmly put to rest with his incredible response to Russia's invasion of the country in recent days.
Sean Penn said he "walked miles" to the border of Poland on Monday from Ukraine, where he has been filming a documentary about Russia's invasion. The actor took to Twitter to share an update just days after it was revealed he was in Kyiv to film a documentary about the escalating conflict. "Myself & two colleagues walked miles to the Polish border after abandoning our car on the side of the road," Penn revealed in his tweet on Monday.
A frustrated TV presenter reporting from Ukraine confronted the UK's Deputy Prime Minister over the government's inaction in helping war refugees as sirens sounded behind him.
Boris Johnson has condemned President Vladimir Putin with his "strongest remarks yet" as the conflict continues in Ukraine.