Oil breaches $100 for first time since 2014 on Ukraine attacks
Oil breached $100 a barrel for the first time since 2014 on Thursday as Russia moved troops into Ukraine, sparking concerns that a war in Europe could disrupt global energy supplies.
Russia has launched a full-scale invasion of Ukraine and is targeting cities with weapons strikes, Foreign Minister Dmytro Kuleba said in a tweet.
Brent crude hit a high of $101.34 a barrel in early Asia trade, the loftiest since September 2014, and was at $101.20 a barrel at 0423 GMT, up $4.36, or 4.5%.
U.S. West Texas Intermediate (WTI) crude futures jumped $4.22, or 4.6%, to $96.32 a barrel, after rising to as much as $96.51, also the highest since August 2014.
