World oil prices jumped Tuesday with WTI crude hitting a fresh 2014 peak, as traders fretted over fallout from key producer Russia's invasion of Ukraine.
New York's West Texas Intermediate (WTI) soared as high as $101.53 per barrel in early afternoon deals.
Brent leapt to $104.60, approaching its 2014 peak of $105.79 that was struck last Thursday as Russia launched its assault on Ukraine.
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