Oil Prices Jump, Shares Sink As Ukraine Crisis Escalates

The video discusses the potential rise in gas prices due to various factors, including Russia's role as a major supplier of natural gas and oil to the EU. It highlights the significant increase in oil prices over the past year and the ongoing supply constraints. Experts suggest that the conflict in Ukraine could further escalate oil prices.

How might the conflict in Ukraine affect oil prices?

What percentage increase in the price of a barrel of oil do experts predict?