European energy prices have jumped nearly 70% and oil exceeded $105 per barrel in the wake of the announcement of new tough anti-Russian sanctions over Moscow’s special military operation to protect the Donetsk and Lugansk People’s Republics.

European energy prices have jumped nearly 70% and oil exceeded $105 per barrel in the wake of the announcement of new tough anti-Russian sanctions over Moscow’s special military operation to protect the Donetsk and Lugansk People’s Republics.