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Russia, Ukraine war fears send oil soaring, shake stocks

Published by
Reuters UK

By Sinéad Carew NEW YORK (Reuters) – Crude oil futures rose on Monday to their highest levels since 2014 on supply concerns while Wall Street equities fell a day after Russian President Vladimir Putin ordered troops into the Donetsk and Luhansk regions of Ukraine. While investors braced for volatility as they watched for international responses and Putin’s next move, the safe haven U.S. dollar actually lost some ground and European stocks turned positive, while U.S. Treasury yields were rising after the Kremlin said it remained open to diplomacy. European countries started to announce sanction…

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