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Crude Jumps, Stocks Dump As US Envoy Says “Invasion Imminent” (Again)

Courtesy of ZeroHedge View original post here.

Here we go again…

After a roller-coaster overnight session, driven by headlines about various attacks in Ukraine, US envoy to UN, Linda Thomas-Greenfield, told reporters (and anyone who’ll listen) that “Russia is moving towards imminent invasion,” adding that “this is a crucial moment.”

Haven’t we heard that before?

Reaction was immediate with stock exposure being derisked…

And the geopolitical risk premium pricing back into crude…

Will it even matter if anyone denies?


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