Oil price hit US$100 per barrel for first time since 2014

Tanks move into the city, after Russian President Vladimir Putin authorized a military operation in eastern Ukraine, in Mariupol, February 24, 2022. REUTERS/Carlos Barria

KUALA LUMPUR: Brent crude oil prices jumped as high as US1$102 per barrel on Thursday, after Russian President Vladimir Putin authorised a military operation against Ukraine.

This is the first time since 2014 that Brent crude oil went above US$100 per barrel.