Brent oil surged above $100 a barrel for the first time since 2014 as Russia’s attack on cities across Ukraine sparked fears of a disruption to the region’s critical energy exports. Futures in London jumped as much as 5.4% after Vladimir Putin ordered an operation aimed at demilitarizing the country. Ukraine’s interior ministry warned its capital of missile attacks, with its foreign minister Dmytro Kuleba calling Putin’s actions a “full-scale invasion.”
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