The 'Indian Basket,' or the mix of crude India buys, jumped to $100.71 a barrel on Thursday, according to available government data, while Brent, the global benchmark oil, climbed to $105 per barrel, its highest level since 2014.
The US said Putin was escalating the conflict with "dangerous language," amid signals that the largest assault on a European state since World War Two was not yielding quick triumphs, but rather a broad and coordinated Western response.
Updates on the Russia-Ukraine War: Belarus has approved a constitution referendum abolishing its non-nuclear status, allowing Russia to deploy nuclear weapons on its soil.