Models of oil barrels and a pump jack are displayed in front of a rising stock graph and "$100" in this illustration. - Reuters
SINGAPORE, March 8 (Reuters): Oil prices rose on Tuesday, with Brent surging past $126 a barrel, as fears of formal sanctions against Russian oil and fuel exports spurred concerns about supply availability.
Benchmark Brent crude futures for May climbed $3.07, or 2.49%, to $126.28 a barrel at 0756 GMT.
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