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Today 24 Feb 2022, the price of a barrel of oil exceeded $100, due to the Russian “military operation” in Ukraine.
This is the first time in more than seven years that the price of a barrel of oil has crossed the $100 threshold. This came after Russian President Vladimir Putin announced the launch of a “military operation” in Ukraine.
According to the “Agence France Presse”, AFP, the price of a barrel of Brent reached $100.04, with growing concerns about a large-scale war in Eastern Europe.
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