Oil price to test new peaks on Russia sanctions over Ukraine; AGL argues Mike Cannon-Brookes bid not enough; AGL in "coal-age" media strategy - speaks to print, excludes ABC

The new sanctions on Russia, combined with a decision to stop a major gas pipeline from Russia to Europe's seen the price of oil hurtle towards a hundred US dollars a barrel for the first time since 2014.

Wall Street stocks fall on fears that Russian sanctions will derail global economic recovery from pandemic.

I speak with Sabra Lane on the ABC's AM program

On ABC NewsRadio, I also look at AGL's rejection of the $8 billion takeover bid from billionaire Mike Cannon-Brookes and speak with former ACCC chairman Allan Fels who the the "national interest" test from the Foreign Investment Review Board could be broadened.

And how about AGL's coal-age media strategy in the face of the remarkable takeover bid?

CEO Graeme Hunt speaks with newspapers - but excludes broadcast journalists.

Time to enter the 21st century!