default_image
© Khunaspix Dreamstime.

CNBC reports:

Oil prices popped more than 4% on news of the military operation on news that Russia was launching a military attack in Ukraine.

U.S. crude futures jumped by 4.73% to trade at $96.46 per barrel.

Brent crude futures were up 4.69% at $101.93 per barrel, crossing the $100 level for the first time since 2014.

Natural gas prices jumped 4.7%. Spot gold, traditionally seen as a safe-haven asset, rose 1.82% and last traded at $1,942.26.

Explosions were heard in Ukraine’s capital of Kyiv, NBC News reported.

The United Nations Security Council met in New York late Wednesday as representatives from member states pleaded with Putin not to attack Ukraine…

To read the full story, please click here.

Now read: “Dow futures sink nearly 700 points, oil prices spike as Putin authorizes invasion of Ukraine“.

US ‘reaction’: “Statement by President Biden on Russia’s Unprovoked and Unjustified Attack on Ukraine“.

Comment on this article


You must be logged in to post a comment.