London Stock Exchange suspends 27 Russian listings; wheat prices soar to 14-year high – business live | Business
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A week after Russia’s invasion of Ukraine began, Russia has claimed to have captured the strategically important southern city of Kherson on the Black Sea, although it is unclear whether Russian troops have fully captured the city. The Ukrainian capital, Kyiv, has come under more heavy shelling as Russian forces step up their offensive.
You can read more on our Ukraine crisis live blog:
Oil, coal, aluminium, wheat and other commodity prices continue to surge as Russia’s invasion of Ukraine has triggered fears over supply. Brent crude, the global benchmark, rose through $118 a barrel for the first time since February 2013. It is currently around $117 a barrel, up $4 on the day. US light crude is trading at $114.46 a barrel.
Aluminium has hit yet another record high, rising 2.3% to $3,650 on…