ALEX BRUMMER: Rishi Sunak MUST spike the national insurance hike now
And yet when prices rise to previously unimaginable levels, it has a severe impact on people’s lives.could soon hit £2 a litre, taking the cost of filling a typical tank to more than £100 — which is unaffordable for many.
A man fills up jerry cans with petrol at a Tesco filling station in Brent Cross. There are worries the price of fuel will rise even further with new bans on imports of Russian oil While America has announced a total block on Russian oil, gas and coal, Britain has said it will phase out buying Russian oil and ‘oil products’, such as diesel, by the end of 2022.
Yet matters are not that simple. Russian gas — let alone its oil — supplies about 10 per cent of all the EU’s energy.
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