Equities rose Tuesday as the volatility that has gripped markets since Russia invaded Ukraine eased slightly, though oil extended gains as the United States contemplates releasing some of its reserves to temper prices.
With no let-up in the assault on its neighbour, Russia has been pummelled by a series of widespread and debilitating sanctions that have sent the ruble crashing, hammered its stock market and forced the central bank to more than double interest rates to 20%.
France’s finance minister warned Tuesday that the raft of punishments “will bring about the collapse of the Russian economy”.
The crisis has also ramped up fears about supplies of crucial…
