Tuesday, February 22, 2022

Oil pushing $100 a barrel as Ukraine-Russia tensions ratchet up

Oil prices jumped to almost $100 a barrel on Tuesday on fears of full-on war in Ukraine.

Natural gas prices are also spiking as traders grow increasingly concerned about possible export disruptions after Russia recognized the independence of two breakaway regions in Eastern Ukraine on Monday and sent troops into the region.

Toni Waterman has more.

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