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Russia & Ukraine Conflict

Follow all the latest developments in the escalating conflict between Russia and the Ukraine.

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SYDNEY, AUSTRALIA - NewsWire Photos November 12, 2021: General coverage of the ASX in Sydney.Picture: NCA NewsWire / Jeremy Piper

ASX extends gains as oil soars

ASX 200 extends gains for fourth day, closing up 0.3 per cent after GDP jumps in fourth quarter as US futures turn up, damping negative offshore leads. Oil prices spike.

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A worker passes an oil drilling rig in an oilfield in Russia. Photographer: Andrey Rudakov/Bloomberg

Metals and oil boom drags ASX higher

Investors remain uncertain in the face of the Russia and Ukraine conflict but an associated spike in commodity prices helped Australia’s mining and energy sectors bounce on Wednesday.

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