Vladimir Putin's invasion of Ukraine has sent world markets into a spiral over the past week, further fraying nerves on trading floors caused by runaway inflation and tighter central bank monetary policies.
The sun is seen above a working oil pumpjack in Signal Hill, Los Angeles County, California. (Photo by Frederic J. BROWN / AFP)
Hong Kong, China: Crude surged past $110 a barrel Wednesday and equities sank with investors growing increasingly fearful about the Ukraine war's impact on global energy supplies and the economic recovery.