Mar 9 β€’ 08:26 UTC πŸ‡©πŸ‡° Denmark DR Nyheder

Oil prices reach highest level since Russia's invasion of Ukraine

Oil prices have risen above $100 a barrel for the first time since Russia invaded Ukraine.

On Sunday, the price of crude oil surged to over $100 per barrel, particularly highlighted by the price of Brent crude oil, which peaked at around $107 per barrel. This significant increase marks the first instance of oil prices surpassing the $100 threshold since Russia's invasion of Ukraine in 2022, a development noted by various media outlets including CNN and The Guardian. This rise is seen in light of ongoing geopolitical tensions and continuing challenges within the energy market.

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