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Al Jazeera
Al Jazeera
World

BIZARRE: Oil prices soar stocks tank as russia ukraine war rages | Mind Blowing Facts

United States Russia Ukraine IG
The price of regular petrol rose almost 41 cents, breaking $4 per gallon on average across the US on Sunday for the first time since 2008 [File: Daniel Acker/Bloomberg]

The price of crude oil has jumped more than $10 a barrel and shares were sharply lower as the conflict in Ukraine deepened amid mounting calls for harsher sanctions against Russia.

Brent crude oil surged more than $10 early on Monday. Benchmark US crude was up nearly $9, at more than $124 a barrel.

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