Tag
UKRAINE
The prices of wheat climbed to a nine-year high as investors worry about a potential supply disruption due to the Russia-Ukraine conflict.
Bitcoin has fallen below the $35,000 support zone in the Asian trading session today, following Russia's military operation in Ukraine
The Brent oil traded at $100 per barrel in the Asian session today on news of Russia attacking Ukraine.
Russian President, Vladimir Putin, has ordered a special military operation in Ukraine, immediately followed by reports of explosions.
Ukraine's government websites and banks have been subjected to several cyberattacks as Russia escalates tensions in the region.
Oil & Natural Gas prices are bound to rise as the energy markets are sensitive to geopolitics, and given the inflationary environment, commodities might have found extra support.
If supply disruptions to Russia's oil and gas supply continue, oil prices will increase and affect the global economy from both production and consumption standpoints.
Prices of oil for the two major benchmarks have rallied more than $2 on Tuesday as investors worry about supply disruption.
Due to escalating tensions between Russia and Ukraine, bitcoin lost more than $2K as it plunged to a more than two-week low.
US President, Joe Biden has said that Russia may carry out an attack on Ukraine in the coming days.
Trading volumes spiked on Friday, with volumes for global benchmark, Brent climbing to their highest in more than two months.
The Ukrainian Parliament, the Verkhovna Rada, has adopted a virtual asset legislation regulating foreign and domestic cryptocurrency exchanges...