Uscommodity 12 Month Oil Etf ETF News

Nations discuss options against Russia. Plus: -effects of conflict on oil prices -fatal crash in North Fort Myers -missing person search in 4th day

Oil prices surged nearly 5% and stock prices dropped after Russian President Putin ordered forces into separatist regions of eastern Ukraine, bringing a long-feared invasion a step closer.

Futures for Canada''s main stock index fell on Tuesday, with investors joining a global flight from risky assets, as tensions between Russia and Ukraine escalated, although stronger crude prices on the back of supply concerns limited further losses.

Investors were sent running after Putin recognised independence of two rebel-held areas of Donetsk and Lugansk

Oil and gas prices spiked and stocks were rattled as sanctions for Russia loom over actions in Ukraine

Sky''s Ian King looks at the impact tensions between Russia and Ukraine are having on the price of oil and explores sanctions being considered by Western countries.

https://www.investing.com/analysis/stocks-plunge-oil-surges-as-russian-troops-enter-breakaway-regions-200618476

MADRID (ICIS)--European stock markets fell on Tuesday after Russia recognised two self-proclaimed breakaway regions in east Ukraine - Donetsk and Luhansk - and sent in troops. European petrochemicals

Stock futures pressured as Russian tanks rolls into Ukraine; Week Ahead: Retail earnings, consumer confidence in focus; oil prices surge as U.S. threatens sanctions; Trump''s ''Truth Social'' app has bumpy Apple store debut and Elon Musk steps-up attack on SEC-Tesla probe.

Putin''s recognition of two breakaway regions in Ukraine raises the risk of obstructions to Russian oil and gas shipments.

The RT200 FX programme by the Central Bank of Nigeria (CBN) can achieve its aim if deliberate efforts are made to follow it through, experts are saying. The experts made the suggestions Tuesday in separate interviews with the News Agency of Nigeria (NAN) in Lagos. Akpan Ekpo, a professor of economics and public policy at the University of Uyo, Akwa Ibom, said the programme would shore up foreign exchange in the short and medium-term. However, he said for this to happen, in order not to allow the foreign exchange to determine economic activities, the structure of the economy must change in favour of production so that non-oil goods and services would be produced in the economy and exported to earn foreign exchange for the country. It is when the economy is diversified and non-oil goods and services are produced domestically and exported to earn foreign exchange, then foreign exchange would not be a challenge, he said. Sheriffdeen Tella, professor of economics at the Olabisi Onabanjo University, Ago-Iwoye, Ogun State, said RT200 FX programme was good as it might make some exporters give it a trial with fractions of what they had in their foreign account.

An invasion of Ukraine could lead to sanctions on Russian oil at a time when global crude supplies remain tight. That could see prices rise further.

Markets plunged while oil and haven assets rallied Tuesday after Russia''s Vladimir Putin ordered troops into two separatist regions in eastern Ukraine, ramping up geopolitical tensions and fears of a conflict.

The broader Euro STOXX 600 fell as much as 1.9 percent to a seven-month low before clawing back some of its losses. German stocks - seen as more vulnerable due to the country#39;s heavy reliance on Russian gas supplies - dropped more than 2 percent.

Iraq said OPEC+s strategy of gradually raising oil production is enough to balance the market and the group has no need to be more aggressive, despite crudes surge this year to almost $100 a barrel.