This is a carousel. Use Next and Previous buttons to navigate 11 FRANKFURT, Germany (AP) — The European Union is taking another big step toward cutting its energy ties with Russia. The 27-nation bloc is banning Russian refined oil products like diesel fuel and joining the U.S. and other allies in imposing a price cap on sales to non-Western countries. Europe's ban takes effect Sunday following its embargo on coal and most oil from Russia. The move is meant to further slash reliance on Russian energy and payments into the Kremlin's war chest as the anniversary of the invasion of Ukraine nears. The newest energy sanctions have risks: Diesel prices have already jumped since the war started on Feb. 24, and there's uncertainty about how the EU embargo and price cap by the Group of Seven major democracies will affect the market for a fuel crucial to the global economy. Most things people buy or eat … [Read more...] about How will EU ban and West’s price cap on Russian diesel work?
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Ricciardo: Australian GP buzz will tell me a lot about F1 comeback
Listen to this article After McLaren decided last summer to replace him for 2023 by rookie Oscar Piastri , Ricciardo's chances of landing a solid seat for this season were dwindling when the Australian decided to take a sabbatical instead. Ricciardo said he wanted to use 2023 to take a break and mentally reset after two punishing years with McLaren, in which he failed to get to grips with the car and was outshone by teammate Lando Norris . His third driver role at his old Red Bull team was designed to give him that chance, with his focus initially more on marketing and simulator work than driving. The 33-year-old says his first grand prix appearance this year, when he attends his home race in Melbourne at the end of March, will probably give him a good indication on whether the fire is still burning to come back, or whether he is satisfied with life outside Formula 1. "I'll be watching the first race from likely television, so I think that'll start to maybe warm … [Read more...] about Ricciardo: Australian GP buzz will tell me a lot about F1 comeback