U.S. oil jumps to 7-year high above $101 a barrel as Russian assault prompts supply shortage fears

U.S. oil jumps to 7-year high above $101 a barrel as Russian assault prompts supply shortage fears This is a developing news story. Please check back for updates: https://www.cnbc.com/2022/03/01/us-oil-jumps-to-7-year-high-above-101-a-barrel-as-russian-assault-prompts-supply-shortage-fears.html Follow @CNBCnow for breaking news and real-time market updates Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel   Digital Products Feedback Privacy Policy CNBC Events   © 2022 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS