STI falls 2%, oil jumps and rouble crashes to record low on tough Russian sanctions

February 28, 2022 2:39 PM

TOKYO (REUTERS) – Crude oil jumped while the rouble plunged nearly 30 per cent to a record low on Monday (Feb 28) after Western nations imposed tough new sanctions on Russia for its invasion of Ukraine, including blocking some banks from the Swift global payments system.

Source : https://www.straitstimes.com/business/companies-markets/sti-falls-2-oil-jumps-and-rouble-crashes-to-record-low-on-tough-russian-sanctions