KTFA: Samson: Oil prices rise to $99 per barrel
22nd February, 2022 UPDATE
Oil prices rose again to reach $99 per barrel, with the escalation of the Ukrainian crisis.
And oil prices jumped, this morning, more than two dollars, to a new record in seven years, after Russia ordered the deployment of its forces in two separatist regions in eastern Ukraine, in an escalation of a crisis that Western leaders warned that it could ignite a war.
This came after US and European officials condemned the Russian move, although a US official said that the Russian military action did not yet constitute an invasion that could lead to the imposition of wide-ranging sanctions. LINK