MARKET WRAP: JSE weaker, oil prices hit multiyear high

The JSE was weaker, in line with its global counterparts on Monday, while oil prices surged to a 13-year high amid concerns the West is gearing up to ban Russian oil and gas due to its continuing invasion of Ukraine.

Russia has intensified its operations in Ukraine, with a US official confirming further sanctions are being considered, which sent the oil price above $130 for the first time since 2008...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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