Prices of crude oil rose in overnight trade as tensions surged in eastern Ukraine.
The Brent rose to over $100 a barrel for the first time in over seven years, just hours after Russian President Vladimir Putin announced a special operation in the Donbass, which US President Joe Biden described as a "premeditated war."
At 11:51 pm CET, West Texas Intermediate (WTI) for March settlement was up by 4.33%, going for $96.06 per barrel, while Brent for deliveries in April added 4.56% to settle at $101.25 per barrel at the same time.
