BREKING NEWS | RUSSIA UKRAINE WAR 2022 | US oil prices surge to highest level in 14 years

US oil prices surge to highest level in 14 years as Ukraine-Russia conflict continues to unfold Russia’s invasion of Ukraine continues to roil energy markets, with US oil prices surging to the highest level in nearly 14 years. US crude surged another 7.4% on Friday, finishing the turbulent week at $115.68 a barrel. That’s the highest closing level since Sept. 22, 2008, just a week after the infamous implosion of Lehman Brothers. The latest gains leave crude nearly 26% more expensive than just before Russia’s invasion of Ukraine. And that’s despite the White House and International Energy Agency announcing the release of about 60 million barrels from emergency oil stockpiles. Brent crude, the world benchmark, soared 7% to settle at $118.11 on Friday. That’s the highest close for Brent since February 2013. Subscribe channel: https://bit.ly/3H3pGEC We update the news constantly, united states news, putin news, joe biden news, donald trump news, ukraine news, russia news. We comment and give hypothetical directions for your comment.