Brent crude prices surged past $100 a barrel for the first time since 2014 amidst report of an impending Russian invasion into Ukraine. The escalating tensions sparked fears of a disruption in critical energy exports.
Futures in London jumped almost 3.3% after a news report that Russian President Vladimir Putin has decided to conduct a special operation to “protect” the Donbas region before falling back below the key threshold.
Source:https://timesofoman.com/article/113680-brent-crude-tops-100-a-barrel-on-russia-ukraine-tensions