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24 Feb 2022

Ukraine Invasion: Russian stock market crashes – while oil prices soar

Stock markets around the world have plunged in the wake of Russia’s invasion. The FTSE has seen its biggest one-day fall for almost two years, wiping £77 billion off the value of the UK’s biggest firms.

Oil and gas prices have soared, while Russia is also the world’s biggest wheat producer so food prices are shooting up too.