Crude oil prices break $100 on Russian ‘military operation’ in Ukraine

Brent surged to $100.04 a barrel after the announcement, as concerns grew about a full-scale conflict in eastern Europe.

Hong Kong: Oil prices soared past $100 for the first time in more than seven years on Thursday after Russian President Vladimir Putin announced a “military operation” in Ukraine, apparently realising fears he would invade.

Brent surged to $100.04 a barrel after the announcement, as concerns grew about a full-scale conflict in eastern Europe.

Gold in the national capital on Wednesday traded almost flat at Rs 49,254 per 10 grams, capping gains with rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 49,253 per 10 grams.

Silver gained Rs 332 to Rs 63,157 per kg, from Rs 62,825 per kg in the previous trade.

The Indian rupee closed 25 paise higher at 75.07 (provisional) against the US dollar on Wednesday

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