Emergency energy funding

- The IMF and World Bank said they will mobilise an extra $150 billion to help emerging economies cope with the energy shock. - The $150bn is framed as aid to cushion conflict-driven fuel disruptions and to accelerate renewable investment. - The meetings also showed states seeking practical sanctions exceptions, as the US extended a waiver allowing more than ten countries to buy Russian oil (thecorner.eu; moneycontrol.com)