After sinking below $94 a barrel earlier this week, US crude soared 8% to $102.65 a barrel in recent trading. Brent crude spiked 9% to $107 a barrel. The swift rebound in oil prices will be watched closely by leaders in Washington and Wall Street because high energy prices threaten to exacerbate inflation and slow down the economy, reported CNN.<\/p>\n
As Russian troops appeared to stall in their advance on Ukrainian cities, the US voiced concern that China might assist Moscow with military equipment as the war entered its fourth week.<\/p>\n
Over 350,000 people are sheltering in the besieged southern port of Mariupol, officials said. Rescuers are combing the rubble of a theatre in Mariupol bombed on Wednesday for survivors. Russia denies striking it. Italy said it will rebuild it.<\/p>\n
The governor of the northern Chernihiv region said 53 civilians had been in killed in the past 24 hours. The dead included a U.S. citizen as he waited in a bread line, his family said. Russia denies targeting civilians. The U.N. said it had recorded 780 confirmed civilian deaths since the invasion began, and 3.2 million have fled. The video shows that Ukrainians, who are still facing a humanitarian crisis, are in a state of shock and some people have come forward to help.<\/p>\n
\n.@DavidMuir<\/a> has an update on the outpouring of support from those looking to help the people of Ukraine after our report on the family-owned Wisconsin candle company working to assist Ukrainians. #AmericaStrong<\/a> https:\/\/t.co\/8gZBaFJVJ4<\/a> pic.twitter.com\/rHpT6zXQdU<\/a><\/p>\n
— World News Tonight (@ABCWorldNews) March 18, 2022<\/a><\/p><\/blockquote>\n