What is the state of play in the Russia-Ukraine oil situation today?
Today’s This is MONEY and Telegraph cover the escalating tensions between Russia and Ukraine, and whether oil could hit $100 per barrel.
UK shares lost £45bn in value yesterday amid reports Russia could invade Ukraine imminently. Heavy losses were also recorded on Wall Street and in Asian markets as traders and investors de-risked.
This is MONEY / Telegraph – 14th February 2022
“All bets are off, bar oil. Traders are speculating on oil hitting $100, with a week of rising Russia-Ukraine tensions ahead”.1 2
Marc Kimsey, Frederick & Oliver.
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By Marc Kimsey