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Episode details

World Service,30 May 2022,26 mins

EU leaders discuss Russian oil ban

World Business Report

Available for over a year

Several European Union countries are holding out against a ban on importing Russian oil. EU leaders have been meeting in Brussels seeking a compromise, which may mean blocking imports by ship but continuing with pipeline imports. Dr Adi Imsirovic is an energy analyst who was once head of oil at Gazprom Marketing and Trading, which sold the state-owned Russian energy giant's products around the world. He tells us what he expects to see agreed in Brussels. And the BBC's Lesley Curwen examines the changing role of Gazprom in the global energy markets over the past 20 years. Also in the programme, authorities in Shanghai are to lift the city's two-month lockdown from Wednesday. Don Weinland covers Chinese business and finance for The Economist, and explains what everyday life is like in Shanghai right now. Plus, the fast fashion retailer Missguided is on the verge of collapse. Fashion business expert Maria Malone tells us what it says about the state of the global fast fashion industry. Today's edition is presented by Mike Johnson, and produced by Sarah Hawkins and Gabriele Shaw. (Picture: A German storage facility for Russian oil. Picture credit: Getty Images.)

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