Supply disruptions from the Covid-19 pandemic and the ongoing war in Ukraine have kept oil prices elevated and will likely continue to do some in the near-to-medium term
German Chancellor Olaf Scholz said on Saturday after a meeting with Saudi Arabia's Crown Prince Mohammed bin Salman that he wants to deepen the energy partnership between the two countries. Speaking to reporters, Scholz said that the partnership should go beyond fossil fuels to include hydrogen and renewable energies. Scholz, on a two-day trip to the Gulf, said he also addressed issues involving human and civil rights in talks with the prince.
Drivers are to miss out on a fall in petrol prices after a sharp drop in the value of the pound.