The prospect of supply disruption due to tougher Russian sanctions sent oil prices higher today, with Brent crude at close to $110 a barrel.
Europe’s calls for further restrictions on Russian oil and coal are in response to the reported atrocities in northern Ukraine.
Shares in Europe have experienced a subdued start to the week, although US markets were higher last night following Elon Musk’s purchase of a 9% stake in social media platform Twitter.
