Articles by Myrsini Giannouli

Brent oil price hit a high of over $107.5 per barrel on Tuesday, for the first time since June 2014, while WTI climbed to almost $108 per barrel, amid fears that the war between Russia and Ukraine would disrupt global oil and natural gas supplies.

Gold extended gains on Tuesday, breaking through the $1916 per ounce resistance and climbing up to $1,943 per ounce as investors weighed the economic risks of sanctions against Russia.

Last Thursday, Russian forces launched a full-scale invasion of Ukraine, with Russian missiles raining down on Ukrainian cities, and explosions were heard even in Kyiv.

Cryptos have been under pressure since the beginning of the year, hit by a bout of risk-aversion.

Brent crude hit a high of over $105 per barrel last week for the first time since 2014, while WTI climbed to almost $102 per barrel, amid fears that the war between Russia and Ukraine would disrupt global oil and natural gas supplies.

The price of gold has been exhibiting high volatility the past few days, spurred by the Ukrainian crisis rollercoaster.

The Russian President, Vladimir Putin, signed a decree last Monday recognising the independence of the two separatist regions Donetsk and Luhansk in eastern Ukraine.

Cryptos have been under pressure since the beginning of the year, hit by a bout of risk-aversion.

Fears that the war breaking out between Russia and Ukraine would disrupt global oil and natural gas supplies have driven the price of oil up, past the $100 per barrel key level.