Oil prices jump again on Russia-Ukraine fears, as IEA calls for cut in energy usage

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Oil prices jump again on Russia-Ukraine fears, as IEA calls for cut in energy usage
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Oil prices jumped further on Monday after Russia-Ukraine talks appear to yield no sign of progress, and markets continued to fret over tight supply.

, as five districts were allowed to restart work and resume public transportation, Reuters reported.

"If these attempts fail, that would mean that this is a third world war," Zelenskyy told CNN's Fareed Zakaria in an interview that aired Sunday morning.crude oil prices extend their rebound on Friday," ANZ Research analysts Brian Martin and Daniel Hynes wrote in a Monday note. "However, it failed to offset the losses earlier in the week, with Brent crude ending down more than 4%.

The Russia-Ukraine war has led to worries over supply disruptions as a result of U.S. sanctions on Russian oil and gas. The U.K. and European Union also said they would

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