- Russia to open humanitarian corridors on March 7: Report.
- PM Modi to speak to Russia’s Putin on call today.
- Euro slides as war in Ukraine stokes inflationary shock.The euro tumbled to a fresh 22-month low on the dollar while commodity currencies were swept to multi-month peaks as war in Ukraine sent oil prices spiking and stoked fears of a stagflationary shock that could hammer Europe.
- Oil prices soar as Russian embargo talk fuels fears of supply shortage.Oil surged, briefly touching $139 a barrel, in a dramatic start to another tempestuous week after the US said it was discussing a ban on Russian crude imports, fanning supply fears in an already jittery market.
- US gasoline prices soar to highest since 2008 on Russia conflict.
- Fleeing conflict, caught in shelling.Ukrainians fleeing the town of Irpin just outside Kyiv were caught in shelling by Russian forces and forced to dive for cover, Reuters witnesses said.
The Russian invasion entered day 12 on Monday as forces stepped up their shelling of Ukrainian cities in the center, north and south of the country late Sunday. “The latest wave of missile strikes came as darkness fell,” said presidential adviser Oleksiy Arestovich.Presently, the areas that are under heavy shelling include the outskirts of Kyiv, Chernihiv in the north, Mykolaiv in the south, and Kharkiv, the country’s second-largest city, according to the news agency AP.
In Kharkiv, shelling damaged the television tower and heavy artillery was hitting residential areas. While, in Chernihiv, officials said all regions of the city were coming under missile attack.
Meanwhile, oil soared above $135 a barrel after the White House said it was considering an embargo on Russian supplies.
