Oil rallies on invasion fears
Crude prices rallied reports that the Biden administration expects Russia to invade Ukraine within 48 hours. Oil extended the rally after Ukraine was hit with another cyberattack. The Ukraine situation seems to be heading towards a pivotal moment a lot sooner than everyone was hoping for and that means oil prices could surge here. An immediate run towards USD 100 oil is still in the cards, but the rising prospects that an Iran nuclear deal could be reached in th
23-02-2022 13:54 GMT
by Edward Moya
