Markets around the world have been hammered since the Kremlin recognised two breakaway regions in eastern Ukraine, and the washout is likely to continue as Russia attacks the country
Oil-storage tanks are seen from above in Carson, California. (Photo by Robyn Beck / AFP)​
Hong Kong, China: Oil prices broke past $100 and safe havens surged while equities tumbled Thursday after Russian President Vladimir Putin announced a "military operation" in Ukraine.