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A proposed price cap on Russian oil is being discussed by G7 leaders, from the world's most advanced economies, at a three-day summit at a luxury resort in the mountains of Bavaria, Germany. The war in Ukraine is at at the top of the G7 agenda, with nations expected to promise further military support for Kyiv and more sanctions on Moscow.

We discuss the price cap and look at how it could affect the cost oil globally if introduced.

Elsewhere, criminal barristers in England and Wales go on strike in a dispute over legal aid funding and pay.

As the Wimbledon tennis tournament gets underway, we consider its economic impact and find out about the value of tennis tournaments and sponsorships internationally.

(Image: G7 Leaders Convene For Summit At Schloss Elmau. Credit: Getty Images)