Oil hits new excessive and shares sink as Russia invades – BBC Information
Oil costs have surged previous $100 (£74) a barrel to hit their highest degree for greater than seven years after Russia launched an invasion of Ukraine.
International shares fell and the value of gold rose as buyers apprehensive in regards to the attainable impression of the battle.
Russia is the second greatest exporter of crude oil, and can be the world’s largest pure gasoline exporter.
The worth of oil topped $105 a barrel, and UK motoring teams stated petrol costs had hit one other document excessive.
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