UPDATED: Brent and US oil break $100 barrier as Russia attacks Ukraine; China spurns sanctions call

Key oil price benchmarks both surge past $100 per barrel for the first time since 2014 as Russia steps up military action in Ukraine

Escalation: tanks move into the city, after Russian President Vladimir Putin authorized a military operation in eastern Ukraine, in Mariupol — Escalation: tanks move into the city, after Russian President Vladimir Putin authorized a military operation in eastern Ukraine, in MariupolPhoto: REUTERS/SCANPIX

Nishant Ugal
Josh Lewis

New Delhi/Perth

Published 24 February 2022, 04:31Updated 28 February 2022, 15:30