Russia continued its all-out assault on Ukraine Wednesday afternoon, capturing the strategically important port city of Kherson near the Black Sea and making it the first major Ukrainian city to fall.
Oil prices soared and investors shifted more money into ultra-safe U.S. government bonds as Russia stepped up its war on Ukraine. The price of oil surged back above $100 a barrel after Russia, a major energy producer, faced further isolation and economic damage because of its invasion of Ukraine.
Russia’s president criticizes the West as the country faces a new massive wave of sanctions, while Ukraine's president asks to be admitted into the European Union.
Western news outlets and social media accounts spread the story of Ukrainian soldiers on Snake Island defiantly telling off the Russian navy before being killed—the story is now confirmed "fake news."
