Oil prices surged by nearly $6 per barrel Thursday after President Vladimir Putin launched Russian military action in Ukraine. Brent crude oil jumped to over $100 per barrel on unease about possible disruption of Russian supplies. The price of US benchmark crude briefly surpassed $98 per barrel. The ruble sank 7.5% to more than $87 to the US dollar. The future for Germany's benchmark DAX index lost 5.3% and London's FTSE 100 was off 3.3% as Europe awakened to news of explosions in Kyiv, Kharkiv and other areas of Ukraine. Putin said Russia's military operation was needed to protect civilians in eastern Ukraine, a claim Washington had predicted he would make to justify an invasion. US President Joe Biden denounced the attack as unprovoked and unjustified" and said Moscow would be held accountable, which many took to mean Washington and its allies would impose additional sanctions. Putin accused them of ignoring Russia's demand to prevent Ukraine from joining NATO and to offer Mosco
Russia launched a barrage of missile, artillery and air attacks early Thursday, triggering the worst security crisis Europe has witnessed in decades.
A senior U.S. administration official told reporters on Tuesday that Sberbank and No. 2 lender VTB would face U.S. sanctions.
As Russia intensified its aggression toward neighboring Ukraine earlier this week, Republican Sen. Rob Portman of Ohio blasted President Putin's provocations as a clear violation of international law.
Russian forces fired missiles at several Ukrainian cities and landed troops on its south coast on Thursday.
Announcing a special "military operation" in the Donbas region, Russian President Vladimir Putin warned other countries that any attempt to interfere with Russian action would lead to "consequences."
Multiple explosions were heard near the main airport in the Ukrainian capital of Kiev soon after Russia announced a military operation in Ukraine, media reports said on Thursday.
India calls for de-escalation of tensions between Russia and Ukraine and cautioned that the situation may turn into a major crisis, just as Putin announced to launch a military operation in Ukraine.
Explosions heard before dawn in Kyiv, Kharkiv and Odesa as world leaders decried the start of an Russian invasion.
US and its allies will respond in a united and decisive way to "an unprovoked and unjustified attack by Russian military forces" on Ukraine, Joe Biden said after blasts were heard in the Kyiv.
UN Secretary-General Antonio Guterres is telling Russian President Vladimir Putin to not send Russian troops against Ukraine and give peace a chance.
Russian President Vladimir Putin will face significant consequences if Moscow invades Ukraine, the White House warned on Wednesday.
Russia's military buildup along the Ukrainian border over the last few months coincides with a steady rise in Putin's popularity
Mutual funds are keeping their powder dry to invest in LIC's IPO that is expected to hit the market next month
Ukraine's parliament and other government and banking websites were hit with another wave of cyberattacks and destructive malware Wednesday, by unidentified attackers, said cybersecurity researchers.
Kremlin said rebels in eastern Ukraine asked Russia for military help on Wednesday to help fend off Ukrainian "aggression."
In an emotional address to the nation late Wednesday, Ukrainian President Volodymyr Zelenskyy rejected Moscow's claims that his country poses a threat to Russia
Diplomats from dozens of countries took the floor at the UN on Wednesday to deplore Russia's actions toward Ukraine and make eleventh hour pleas for diplomacy as fears of a new war in Europe grew.
Pelosi, who returned to the Capitol from a diplomatic overseas trip, compared the aggression to Russia's intervention in the United States' own democratic process during the 2016 election
Russian President Vladimir Putin called on Tuesday for international recognition of Crimea as part of Russia, an end to Ukraine's NATO membership bid and a halt to weapons shipments there. Putin claimed that Russia's 2014 annexation of Ukraine's Crimean Peninsula should be internationally recognised as a legitimate reflection of the local population's choice, likening it to a vote for Kosovo independence. The annexation has been widely condemned by Western powers as a breach of international law. To end the current crisis, he also called for the renunciation of Ukraine's NATO bid, saying it should assume a neutral status, and said that the West should stop sending weapons there.