Russian officials are expected to participate remotely in this year's G20 meeting led by Indonesia.
British PM meets Saudi Crown Prince to plead for oil
British Prime Minister Boris Johnson met with oil-rich Saudi Arabia's Crown Prince Mohammed bin Salman to lobby for higher production after Russia's invasion of Ukraine sent markets into turmoil. Johnson spoke with Prince Mohammed after talks with Abu Dhabi Crown Prince Mohammed bin Zayed in the United Arab Emirates.
War, inflation threaten world income
The US Federal Reserve chair has said every $10 hike in oil prices would impact growth by 0.1 percentage points and add 0.2 percentage points to inflation.
