×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
24
Dec 2025
weather symbol
Athens 12°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

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

The sarcophagus over Chernobyl will not withstand a direct hit by a missile or drone, says the director of the

Russia and the US have not yet found solutions to “troublesome” issues in their relations, Moscow says

War in Ukraine: Poland took off its aircraft after the morning Russian bombings

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

How public health is changing in 2026: The five defining shifts and improvements

December 24, 2025

Seven nuts highest in iron – How to combine and what to avoid

December 24, 2025

Greek Tax Authority to step up scrutiny of suspicious bank transfers and investment transactions from the New Year

December 24, 2025

Aircraft carrying Libya’s Army Chief sends SOS, requests emergency landing before crashing

December 24, 2025

Second day of Christmas getaway marred by roadblocks: Two open lanes – The key issue, worries of worsening conditions due to rainfall

December 24, 2025

The sarcophagus over Chernobyl will not withstand a direct hit by a missile or drone, says the director of the

December 23, 2025

US announces tariffs on microchips imported from China from 2027

December 23, 2025

Russia and the US have not yet found solutions to “troublesome” issues in their relations, Moscow says

December 23, 2025
All News

> Greece

How public health is changing in 2026: The five defining shifts and improvements

From chronic disease to climate pressure, the five changes redefining public health priorities in 2026

December 24, 2025

Seven nuts highest in iron – How to combine and what to avoid

December 24, 2025

Second day of Christmas getaway marred by roadblocks: Two open lanes – The key issue, worries of worsening conditions due to rainfall

December 24, 2025

Video of the French Navy raid on the ship of the Greek “Escobar”

December 23, 2025

The cost of blockades to the market reaches €200 million per week, with Thessaly suffering the greatest damage

December 23, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα