Russian missiles and airstrikes hit Ukraine’s capital, Kyiv, and more than a dozen other cities across the country Thursday. This came minutes after Russian President Vladimir Putin announced a military operation “to demilitarize and denazify Ukraine” and bring its leaders to trial.

Equities are tanking in Asia. Nikkei is down 2.15% while Hang Seng has shed 3.18%. Crude Oil has gained 4.47%. Oil prices had been rising over the last couple of months on concerns over supply as Russia is the world’s second-largest oil producer.

US President Biden called Putin’s move an unprovoked, unjustified attack in Ukraine, pledging further action against Russia. “President Putin has chosen a premeditated war that…


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