China News Service, February 24. According to Agence France-Presse, on the 24th local time, after Russian President Vladimir Putin announced a special military operation in the Donbas region, the international oil price exceeded the $100 mark for the first time in more than seven years.

  Brent soared to $100.04 a barrel as fears of a full-blown conflict in Ukraine intensified.

  Recently, the situation in eastern Ukraine has continued to be tense, which has attracted attention from the outside world.

The latest news shows that Russian President Vladimir Putin announced on the 24th that a special military operation will be launched in the Donbas region. The purpose of this special military operation is to "defend" the people living in Donetsk and Luhansk.

Putin has announced the recognition of the "Donetsk People's Republic" and "Luhansk People's Republic" in eastern Ukraine on the 21st.