Russia's Invasion of Crimea Shakes Up Energy Security

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Russia's energy ties with Europe were so tightened into twine that even in the event of a war, that energy would still flow. BP making that decision was very significant because it basically said, look, Western business is not going to be comfortable working in Russia. The European policy makes wrestling with how fast that energy transition can happen. Many eyes will be on the OPEC plus allowance and Saudi Arabia, particularly in the first few months of 2023.

The Bank of Japan stunned markets with an unexpected change to its controversial yield curve control policy, and a group of FTX customers will try to secure quicker repayment for people who have money trapped with the defunct exchange. Plus, we take a look back at the biggest energy story of 2022.

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Bank of Japan stuns markets with yield control policy change

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The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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