HONG KONG: Asian markets fell and oil prices rose on Thursday on growing fears of a war in eastern Europe after Moscow said separatists had called for help to repel Ukrainian forces and Vladimir Putin announced a ‘military operation’.
US officials had warned of an imminent incursion by Russia after the Kremlin this week recognised two breakaway regions in Ukraine and said it would provide “peacekeepers”. Russian President Putin is said to have around 200,000 soldiers amassed on the border with Ukraine, borders and Washington said many are in attack positions.