investigation, so all of these things have sent a lot of concern. there's been a lot of claims and counterclaims out there. but this petition from one of the lead investigations kind of concrete eyes of those concerns the body of the cricket legend shane warne is on its way to its home town of melvin worn died last friday at the age of 52 while on holiday and customary and thailand, jesus suspected heart attack and congenital disease. born is considered one of the greatest photos of all time. second, we can take an test history with 708 r g. this is al jazeera, these you tell stories, the highest level talk since russia invaded ukraine have ended with little sign of progress. the foreign minister of turkey hosted his ukrainian in washing

counterparts in antalya. this meeting was both this conversation was both easy and difficult. easy because mister lover of basically followed his traditional narratives about ukraine, difficult because i did my best to at least find a diplomatic solution. we also raised the issue of a fire 24 hour fire to resolve the most pressing humanitarian issues. we did not make progress on this since it seems that there are other decision makers for this, for this mother in the russian to be with you to go to the you pretty me,

you grocery because we are not planning to attack other countries. and we did not attack ukraine either. we were just dealing with issues there. despite our request multiple requests, no one was listening to us and the new facts that are being uncovered and liberated territory. namely, hands can to ask peoples republic shown invasion had been planned for this month. russia says that when know patients inside a hospital that was bombed on wednesday. and asteroids destroyed maternity in children's unit in the fiji crane city of mario pole. 3 people, a thought have been killed. russia says ukrainian fighters went inside the facility civilians and leaving the city of threw me for a 3rd day. tens of thousands have left through 7 humanitarian corridors across the country by sides acute each other reaching as far as the headline news continues here. off in 5 story i have is on celeste's lacking in asian africa. there'd be days where i'd be choosing and editing my iron stories in

a refugee camp with no electricity. and right now where confronting some of the greatest challenges that humanity is ever faced. and i really believe that the only way we can do that is with compassion and generosity and compromise. because that's the only way we can try to solve any of these problems is together. that's why they are so important. we make those connections planning russian, oil and gas, u. s. president joe biden said the moves aimed at hitting the main austria roches economy. but what are the consequences for the rest of the world would have stopped vladimir putin war on ukraine? this is inside story. ah hello, welcome to the program. i'm adrian for the u. s. president joe biden has imposed

a band on russian oil and gas. the u. k announced that it will phase out in ports of russian oil by the end of the year before those measures would answer russia ward of catastrophic consequences for the global economy. a white house correspondent, kimberly how could reports. it's a major escalation of u. s. economic sanctions against russia for its invasion of ukraine. on tuesday, u. s. president joe biden went after president vladimir putin's most lucrative industry. we're banning all in ports of russian oil and gas in energy and means russian oil no longer be accessible us porch and american people will deal another powerful blow to put information. the decision by president biden to bad russian energy imports into the united states, follows pressure by the us congress, and pleased by ukrainian president vladimir zalinski biden acknowledged. the latest

sanctions could cause a spike in us gas praises consumers are already paying on average more than $4.00 a gallon up from $2.77 just a year ago, due to high inflation. as the economy recovers from, the coven pandemic says prudent begins, military build of ukrainian borders, just since then. the price of the gas, the pump, an american, up to $0.75. and with this action is going to go up further. the white house is directing the release of some of the u. s. strategic petroleum reserves to contain prices and compensate for last supply. but the white house maintains high gas prices might also encourage you as consumers to switch to green energy and electric vehicles. but this analyst says the united states is nowhere near ready. the biggest user of oil in any country is transportation and transportation depends on

having things like electric vehicles and hybrids vehicles. those vehicles represent a roughly small part of the fleet. the fleet turns over slowly, short term between our 2 by years. that's why these latest u. s. economic sanctions against russia may be symbolic, designed to hurt putin financially. but mostly politically, president biden is sending his vice president, comma la harris to poland and romania this week to reinforce support for ukraine, but also to reassure nervous allies. fearful that russia could turn its aggression on them. next. kimberly health hit al jazeera, the white house for that, that gas prices affect our economy. i drive a lot, i put many kilometers in, and i do feel it was a absurd 15 days ago. nobody could think about it. the problem is not the price. it will be to morrow, but how much it will cost in $15.00 days?

yeah. i think that times are coming up, but we will have to deal with it. make up my purchasing power will decrease. i will have to choose between using the car or doing other things or will bring it all guessed in just a moment. the 1st, let's take a look. a closer look at washes, roll in the energy industry. russia is a commodities power house. it produces more than 10 percent of the world oil and natural gas. and europe relies on it for a 3rd of its gas, but sanctioning this sector would send energy prices surging even higher, affecting an already fragile world economy. the russia being a major global supply, it could also be more profit for russia not less. the us and its allies have agreed to release 60000000 barrels of oil reserves to help offset any shortages. although the world consumes 100000000 barrels every day. and analysts say that no oil producing countries can replace brushes oil export steel rep. ah, let's bring in august then julia from washington

d. c. is ben k. hill, a senior fellow energy security and climate change program at the center for strategic and international studies from bern. cornelia map is an economist and see of the consulting firm mayor resources and from moscow, landed 7 chief editor of geo political dot. are you at a political analyst, a warm welcome to you or ben? let's start from you about how the you get got itself into this mess. it relies upon russia for what? something like 27 percent of its oil and imports around 15 percent of its total consumption. why is then europe so dependent upon russian oil and could any of the supply replace it quickly? thanks to be with you today. this is partly just a matter of geography, its proximity. the continent is connected to russia by pipeline systems. we have the juice for pipeline, which is the main export pipeline for russia into your reaches lots of countries to

both the northern and southern, or we have a lot of seaborne exports to go to europe as well. so europe is the critical export market, financial, stanford oil for russia. if you look at crude oil, specifically about 60 percent of russians, exports go to europe for 35 percent to asia, primarily china, and the rest of different places around the world. and so in terms of whether or not europe can diversify and find an alternative to russia, the answer is no. in the media turns just not possible. on the european commission came out with an emergency plan yesterday, basically to try to do everything possible by next winter to reduce its dependence on russia for natural gas supplies. including building gas storage, trying to find alternative supplies for you are selling gee, and other supply sources and managing the demand side too. but it's really difficult. it's important your sense of urgency. it's moving fast, but it will be to do within a year. all right, connie, i, i see you nodding in agreement in terms of oil. what about countries like venezuela

with its vast reserves? the u. s. has opened up diplomatic channels again with crackers recently, or even iran negotiations. they are appearing to head towards a camp, a could pollution over the at that the nuclear deal. if sanctions against one will lifted to could those 2 countries, for instance, at least helped to plug the gap. a can't pluck the gap because what we few take out . russia exports 8000000 barrels a day. that's 8 percent of global daily consumption. and so they can't. and you have seen that opec plus, you know, the opec countries and their 10 allies. which by the way, a lead by russia really can't, can't pump it fast enough and the spare capacity is really spare. it's really sparse. it's, it's, it's not bare except for saudi m. u a and the little bit of it. ok, so that's difficult. now let us look at add them then as willa, yes, obviously they can go and talk to venezuela,

and the venezuelans may actually be receptive to talking to them because so far, when they were under sanctions from the u. s, the russians have been dep only friends, but they're obviously worried that if money rise up in russia, what will happen to them they need those direct payments. but better this at the national oil company is mostly on to invest it. and it's just, you know, it's no longer it used to be one of the shining lights in the oil industry. it's now a very much near the bottom as a player. so he can't just wrap it up like that. and iran, similarly, iran could bring in one point to 1300000 barrels a day. if the chase c p o, the nuclear deal went through, they have a lot in storage, which they can release immediately to one point to 1300000 barrels a day of exports. and they will take more time. but mind you the che cpos negotiated by the p fife, the permanent 5 of the un security council and germany p 5 past one. guess what?

russia is? a member of the p 5 to work on opec slip in a bumper oil. what else can step in to a certain degree, but opec doesn't tough. as i said before, it doesn't have the spare capacity. let me give you an example. they have done, they have cut out 9700000 barrels a day on that of after that grim day in the april 2020 been w t i went negative for a day and death the we leased gradually 400000 barrels a day month, a month or month, but if i look at that, at this numbers for january, they were supposed to pump, did the, the 13 nations 430 at 400 bout incremental barrels. they only were able to pump a $160000.00 barrels. now, so again, saudi can do more, russia was constrained, and you look at libya, nigeria, they just, they just can't keep up. been the de facto leaders of saudi arabia,

the u. e are for declined to arrange calls with president bible in recent weeks. us, according to the wall street journal sizing you russian middle east officials. what's good, what's going on there? i think the wrong i was under no moods do savers for washington under missing political demands to try to use over just a more. if we put back last week, ok, cause had a meeting right after the war broke out. and the meeting lasted for all 13 minutes . and the basically decided to continue to deal with the community i just mentioned, which is to add $400000.00 barrels a day. into the market and continue to been doing since last april. i think there were several reasons for this. first, you know, it's going to take a while still from today to absorb the magnitude of the supply shot from russia. we still have a lot of questions about the physical disruption. how big it is. exactly and, but i also think that the issues around spirit capacity are real. you know, the, this printer just been so big. there's so much fear and panic and oil mark out. but

i think some of the states are concerned that if they add more production for a month or 2, not really to make a big difference. but i do think that the political pressure on us is going to intensify. and this is a serious supply shock. and opec stated role is to manage volatility in the market and prevent ultimately, you know, it feels like the market doesn't have anyone at the wheel right now. and the feels like saudi arabia, the way and others are ignoring the demands of the consumers. not just the united states, but countries like china and india as well. so i think in the coming days, you know, watts of things are possible as possible. you have, you know, a revision of the post terms and next month's meeting. you can see a unilateral move by saudi arabia, but clearly they want to get some concessions from washington for they do. ok. let's bring in land then in moscow goods have with us landed, but what does a u. s. and u. k. bad on, on russell oil. really mean for russia, it's economy, it's president, will it hurt either more for us?

it's not the program for united states and u. k. l, for example, you are open to buy or not. so before construction, if i am ready to deal with trying to provide more company for next year, we sell for a new contract 2nd of this year. and so i think it's more probably much for you nicole. so shoot them left by united states when they pull the faction in the fall. and now we, she definitely go of our community in venezuela is broken by american sanctions. and they can not provide moral oil to united states or something. and of oral surveys are option of both natural gas and more dangerous for you. we're going to come for russia. and for example, no price for you sir,

is more cheaper than before before the sanctions. and it's good for developing the metrics from on the rush. so for the moment i see more to the problem for us. it's so because of this section, ok, what if the e u was a follow the u. s. and the u. k. lead and plan imports of russian oil and, and russian gas. i can see already that scalia's shaking had come back to you in a moment. but, but with that, is it, what would that worry moscow? i sure is that you were going to got this more stuff for europe and, you know, coming up to for an i've gotten a few for, for russian gas and oil go call for europe and union sounds is strongly different. so for us in supply 6, not i'm in those $31.00,

but it's also oil production and some kind of logistic. it will be a chain reaction real deeply. you wrote down the government itself. so i think they will try to find out if in the few years the same time russia went out on a few for, for new market in the asian or from china. james practice of mora or compass school care for energy conjure. and we'll look for ration got an oil, and maybe we'll be more cheaper to go the situation. but for now we see that's right is for golf and oil growing up and it's soon roughly impacted. the united states suited them because your community, i mean the community united states, if you are calling to make

a phone call from you and it's more like an russia, it's where it's shooters mistake. you're after the same like united states and for some german, your friends, we come up for from unity. so it's different from the real bit more a problem for itself. ok cornelia, tell me why then why, why the u. s. the rather funny. the u. k. it's 2, it's 2 things here. you need to decide. do you need to divide between oil and gas? if you have roil, it will always find the market. and you thought you saw that at the beginning of last week when russian clark was had a hard time finding a market. dear chinese, unto indians, just waited until the discount was low enough and they bought that. so that will go . gas is more difficult because if we fi us infrastructure and them, our russian colleague was absolutely right. it's not a light switch. you know, if we want to get, let's say more l n g in most l n t on 25 year contract. and especially the middle

east and the asian cargoes are promised on these. the mellie kills are promised to china, japan and korea. if you talk to, some of generally says tend to st, could get diverted to d today to europe. the u. s. similarly, they will have about 12000000 tons of new capacity of new energy coming on the market in about 5 years time. i think we need to heat houses in europe before the 5 years time cross, you need the infrastructure, you need the weak acid vacation criminals. we don't have enough of them. and the infrastructure linking them into the pipeline system. so again, it's not the light switch, it really, it really takes time and again, oil is easier, but it's also not that easy because don't forget that refiners are tuned to certain grades. so if they really are they an old, we finally that's way dependent on the euros grade will have a hard time to substituting it. so it looks easy and i'm sure to the politician,

it is easy. but to the guy in the industry, it's hellishly complex. and what are the political risks of panic? russian oil, a gas for western leaders? does it threaten to split the west's currently, from a united response to russia's actions and in ukraine, nuclear comic research. huge. if you impose a full full sanctions on russian energy sports, that's a recipe for social interest is not possible for morgan to calmly. philosophers are trying to monitor and this is the reason why we haven't syndrome session. so even with, you know, sanctions on just the regional central bank, fresh and financial institutions, other russian entities. we've already seen a big supply last. no, no, no the exactly how much is off by now, but it's a good that around 2530000 barrels a day. of crude and products are already all fine today you want to direct sanctions. if you rent that up to 8000000 barrels a day, all russian exports,

there's simply no way for the market to cope with a loss on that scale. and so the price would shoot up, it would be a severe done to economic activity. the market will panic. that's a recipe for demand destruct, movie, unmanageable, i think. so. i think they're really huge. downside risk of doing lane it. president putin is called sanctions. he's referred to sanctions as an act of war. to what extent do you think he would be prepared to perhaps preempt further western bands and just simply cut off supply anyway, i think russia is a radio for raising future the united states. you know, before my new science stuff, where i need to make a difference between different type of like a normal cetera, saw in ways reason i assume that the russia, yes,

can tool in full schools are faction against united states and europe and union. and the 2 got on the supplies to the ground. truth is there will be some already funeral. it's impossible, nor actually you can more me infusion. but so now in the euro, few more us i see law any danger for. busy auction economics from the energy sector . clearly we were talking about the economic damage that a sustained high oil price could do this. the old saying that the best cure for a high price is a high price demand sell as consumers, just decide that it's too expensive than so with the price, but at what economy cost. well, as a huge economic costs, and you know, obviously we'll see some demand destruction, but our economies are still fueled by oil and gas and might away coal. you know, if, if the germans let say, go off gas, they will need some cold. you need some bay slowed us to keep the lights on. so

that's a huge cost. and you know, the cost goes beyond those countries. you saw the german economy minister and deputy chancellor say if we get off russian gas immediately, he fears core cohesion and the convent. the man all by topic is agreeing. he is no fan of fossil fuels. and what's, what goes beyond that? if we see hyperinflation, that's not good for the economy, global economy. and also don't forget who'd, because you, ukraine and, and russia make up about 30 percent of sort of the global food supply. the ukraine is 50 percent of the world food program and fuel sort of the food supply. so you know, to the, that, that developing countries to sedans, to somali us of this world will really feel that because they won't, they won't get the grain and they won't, even if they get it there won't be able to afford it, crossed the fertilize us gas is the direct input to fertilizers. let's take germany

as an example, out of 3 major m suppliers of fertilizer to a russian. so we've really, really, very interconnected, been, i was, i was reading today that the biggest strategic gus storage reservoir in western europe is in germany. and that, that strategic reservoir is owned by a subdued subsidiary of gas prompt germany, in particular, of course, worried about its energy security. while prices may rise uncomfortably for u. s. consumers, i mean, there's little chance of the lights going out in the u. s. i don't think the same could be said for, for, for many in western european straits. to what extent does germany have only itself to blame due to deregulation of its energy sector, allowing russian companies to hold or own significant stakes in german energy companies in germany is not alone. and that is it. now there's been some pretty important changes in european gas markets in recent years. i mean, the basically moved away from, you know,

long term wind contracts towards more gas on gas competition, more reliance on the spot market short term. and that work pretty well for a while, and, you know, the market is essentially broken in the last 6 months. in fact, these enormous ramos, and gas and electricity prices in your, you know, the dependent on russia is really hard to break. but there are some european policies that i think of exacerbated the situation. one of the things that the international energy agency and europeans have noted as have been really need to have an all out effort from now until next winter to build up gas storage as much as possible to fill all those tanks. and it's going to be extremely expensive for them to do not get. so clients are scarce. mean basically energy producers around the world are producing full tilt. and i think we mentioned earlier, you know, another country in europe hasn't ology and port terminal. those who do have re gas terminals for gas station terminals, they're not connected to all those markets. so all of them are gonna have to try to refill gas as much as possible. you know, the can completely get around there,

depending on russia to do not. we're still going to be dependent on gas from, but we'll do everything they can to build interconnections to increase gas storage method. they're really going to look accounts policies and try to figure out why this market in europe has done some haywire and what they can do to build more resilience in the next year. landed. you think the president puts in is prepared to set this out while the west potentially shoots itself in the, in the foot economically and causes a huge economic damaged itself. well, i think the browser i strickland for different type of section is also our prime minister. mr. miss susan. all right, so we're going to risk about different types of sensual. so i assume more essential. so we'll be more dangerous for europe and union and the united states because the taking you live

now to also where the u. s. was present commer harris, if you would have told us presidents on a do the let's listen and about at the moment it is a very important moment in our mutual relations. but above all, in the situation which we are facing today in europe. beyond our eastern frontier in the friendly ukraine where the russian army is conducting barbarian aggression, foaming dramatically, bombing a hospitals where women are evacuated just before getting no one has expected in the 21st century will be seeing a situation like this. the more so,

it is a great summer session to all of us in poland as kamala horace device, president of the united states has arrived today. torso, to our country because we on to and shows the depth and the strength of the alliance of amazon. and also the decisive engagement of the united states in the security of the eastern flank of the atlantic alliance and europe as the whole. i want to stress strongly that there is no doubt that together with united states and our other allies. but i'm in nato and also it's always the, the whole of the free and honest work we are standing on the side of ukraine. and we will be trying to do everything to defend ukraine as

strongly as possible. thank you very much for the arrival. and for the talks, which we have just a minute ago just between us and also the formula of the photo american delegation. i have stressed strongly how important the american position is. i think vice vice president biden and you vice president. but also the american congress, people in the, in the face of the necessity to introduce sanctions against the russia. the 2 july america is in the fun gods overdose sanctions. thank you very much for all the help on it, which is given to the fighting ukraine to the defensive strength

of ukraine. thank you also for the assistance that we are getting here in toland and think. and i want to thank all the american organizations which are trying to find ways to carry to assist humanitarian and give her to help medical help for the children, for the sick, for the wounded of my wife is also engaged into this action. and i know that she collaborates with a lot of job ident institution's in america. she is also in touch with president biden's daughter. and i'm particularly happy that this corporation is of assistance to ukraine and the ukranian to all.