![Oil price at highest since 2008 as Europe and US mull ban on Russian imports](https://cdn.newsserve.net/ONPglobe256.png)
Oil price at highest since 2008 as Europe and US mull ban on Russian imports
The price of oil has soared to its highest level in 14 years on Monday, a move that is likely to put a further squeeze on households, as the US and Europe discussed banning imports of Russian crude.
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