×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
14
Jul 2026
weather symbol
Athens 29°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

War in Ukraine: Oil and gas “rally” after the Russian invasion, “dip” in the stock markets

Markets in turmoil after the Russian invasion

Newsroom February 24 12:01

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

The price of oil exceeded $ 100 a barrel in Asian markets shortly after the start of the Russian invasion of Ukraine .

Oil ” jumped ” 5% after the news that Russia launches a military attack on Ukraine. US crude futures rose 5.23% to $ 96.92 a barrel.

Brent futures rose 5.4% to $ 102.07 a barrel, hitting $ 100 a barrel for the first time since 2014. Gas prices increased by 5.39%. Gold, traditionally considered an investment “shelter”, rose 1.82% and last traded at $ 1,942.21. In Japan, the Nikkei index fell 2.20% to a 52-week low, while the Topix index fell 1.75%. South Korea’s Kospi fell 2.60% and Kosdaq recorded losses of 3.29%.

In mainland China, the Shanghai Composite lost 1.70% and Shenzhen fell 2.20%. Hong Kong’s Hang Seng Index fell more than 3%. Australia ‘s S & P / ASX 200 fell 2.94%. European stock markets are plunging at the start of trading. In the first minutes of today’s session, the Paris Stock Exchange recorded losses of 4.19%, that of Frankfurt 4.39%, and that of London 2.55%. The pan-European Eurostoxx 50 index plunged 3.52%.

The Athens Stock Exchange is also under strong pressure. The General Price Index opened at 914.55 points, down 3.65%. Initially, it recorded a lower price at 911.20 points (-4.01%).

In the foreign exchange market, the euro fell 0.45% against the dollar to $ 1.1257. The euro stands at 129.1170 yen, 0.8346 against the pound, and 1.0367 against the Swiss franc. The dollar fell 0.22% against the yen to 114.7320. The pound against the dollar fell 0.44% to $ 1.3484.

On Wall Street last night, the S&P 500 lost 1.84% to close at 4,225 points. The Dow Jones industrial average fell 464 points or 1.38% to 33,131 points, marking the fifth consecutive day of losses. The Nasdaq fell 2.57% to close at 13,037 points.

Following the developments, Dow futures fell 720 points, or 2.19%, while futures related to the S&P 500 fell 2.26%. Nasdaq 100 futures fell 2.73%.

>Related articles

Mitsotakis in Paris for summit on Ukraine, dinner with Macron and Bastille Day parade as Greece stays outside new missile shield

Coalition of the Willing: Kyiv to purchase 16 Rafale fighter jets and air defence systems

Ukraine spy murder case takes new turn as confessed killer accuses fellow agent

Moscow Stock Exchange reopens today after a temporary suspension of trading, recording a dip of almost 14%. The Moex index (in rubles) fell 13.97% while the RTS index (in dollars) plunged 20.16%.

Shares of Sberbank, Gazprom, and Lukoil fall more than 10% after the suspension of trading. The ruble fell to a new low against the dollar and approached 90 against the dollar in interbank trading after the suspension. The picture is no better in the cryptocurrency market.

Bitcoin fell more than 8% to $ 34,702.18, according to data from Coindesk. This was the lowest level in a month. Ethereum plunged more than 12% to $ 2,325.18. More than $ 150 billion has been “evaporated” across the cryptocurrency market in the last 24 hours, according to Coinmarketcap.

Ask me anything

Explore related questions

#global currencies#markets#Russian invasion#Stock Markets#ukraine
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Major rescue operation to save an 8-year-old boy wearing a life jacket who was swept out to sea off the coast of Crete

July 14, 2026

The Greek architect behind 36 Victorian properties in London’s Knightsbridge

July 14, 2026

Fears that more than 50 migrants may have died after a boat capsized in Libya

July 14, 2026

WWF: Greek beaches continue to be “drowned” in plastics, cigarette butts remain the most common finding

July 14, 2026

Two 42-year-olds remanded in custody over 2010 Marfin arson attack

July 14, 2026

Water shortage: Poros declared in State of Emergency for three months by Environment Ministry decision

July 14, 2026

AUTH and Central Macedonia Regional Union of Municipalities establish first Endowed Chair on “Local Government”

July 14, 2026

Greek Boxing Federation loses official recognition following damning audit findings

July 14, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα