U.S. President Joe Biden could reportedly invoke a Cold War-era defense law to encourage domestic production of minerals. Josh Siegel of Politico explains why. Also in the show, amid concern about supply from Russia, Germany has invoked its emergency gas plan. Carsten Brzeski is global head of macro research at ING, and tells us what the move actually means. Sri Lanka has introduced enforced 10 hour power cuts. Dimuthu Attanayake is a journalist in the capital Colombo, and discusses the impact the power cuts are having. With high inflation causing problems for people all over the world, the BBC's Dan O'Brien reports from Wiltshire in southwest England, on the challenges farmers are facing with rapidly rising prices for energy and fertiliser. Plus, we have an extended report from Vivienne Nunes on a row brewing in Australia over a proposed new gas field in the Timor Sea.

(Picture: A gas compressor station in Germany. Picture credit: Getty Images.)