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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

Oil prices hit seven-year highs close to $100 after Russia moves troops into Ukraine – as it happened

The Nord Stream 2 gas line landfall facility entrance in Lubmin, north eastern Germany.
The Nord Stream 2 gas line landfall facility entrance in Lubmin, north eastern Germany. Photograph: Odd Andersen/AFP/Getty Images

On this note, we are wrapping up for the day. Thank you for reading -- we’ll be back tomorrow. Good night! - JK

Reuters has unearthed an error made by Boris Johnson’s government when it slapped sanctions on five private Russian banks, including Rossiya Bank, which the government said was “privately owned by elite Russian billionaires with direct links to Putin” (the two largest state banks were spared from sanctions, for now).

The sanctions document mistakenly listed Rossiya Bank’s address as “Neglinnaya, 12 Moscow, 107016, Russia”. It is, in fact, is the address of Russia’s central bank –– known in Russian as “Bank Rossiya,” which was founded in 1860.

Rossiya Bank, the private bank created in 1990, is based in St Petersburg. This is thought to be an error - there is no suggestion that the central bank has been sanctioned, Reuters said.

Updated

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