UK PM Johnson May Plead With Saudis for More Oil Amid Russia Embargo
Western sanctions on Russia over the conflict in Ukraine have hit hard — against consumer at home who now face paying twice as much to fill their cars and heat their homes as prices soar thanks to market speculation.
The British Prime Minister may ask Saudi Arabia to pump more oil and make up for the Russian energy embargo over the conflict in Ukraine.
The Mail Online reported on Sunday on "speculation" that Boris Johnson could soon seek an audience with Saudi Crown Prince Mohammed bin Salman as petrol pump prices approach a shocking £2 per litre.
European Union member states have sanctioned Moscow over its de-Nazification operation in Ukraine, but have stopped short of blocking fossil fuel imports from Russia on which they depend.
However, British-based energy giants BP and Shell have announced they are disinvesting from Russian oil and gas projects and halting imports of hydrocarbons from the eastern superpower.
That echoed US President Joe Biden's ban on Russian oil, along with luxuries like non-industrial diamonds and caviar.
Speaking on the BBC's Sunday Politics programme, Levelling-Up Secretary Michael Gove ruled out any more tax cuts by Chancellor of the Exchequer Rishi Sunak to help households cover the cost of gas and electricity bills, set to rise by over 50 per cent, along with the swingeing cost of running a car.
He said the 1.25 per cent rise in National Insurance — the UK's social security tax — was needed to help clear the backlog of National Health Service treatments cancelled during the COVID-19 pandemic.
"The energy crunch means that jurisdictions are going to have to look further afield for continuity of supply," former Middle East minister Andrew Murrison told The Telegraph last week.
"The UK has always maintained a positive and constructive relationship with Saudi Arabia based on dialogue."