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Moscow's stock market saw its longest shutdown, the ruble crashed 30%, and oil surged toward $120 as sanctions bit. Here are the top 10 seismic market moments after Russia invaded Ukraine.

  • Russia shut its stock market all week in a bid to curb panic-selling after the invasion of Ukraine.
  • The ruble cratered to trade below 1 cent as Western sanctions effectively weaponized the financial system.

Russia's devastating attack on Ukraine last week was the start of a cascade of dark events, bringing misery to countless civilians — and turmoil to financial markets.

The full-scale invasion on February 24 — the largest attack on European soil since World War II — has drawn strong condemnation from the US and its NATO allies.

It's also brought a string of sanctions from them, aimed at isolating the Russian economy from the rest of the world.

That disruption has the potential to hurt households everywhere, as their energy bills and the cost of food are pushed up by rises in commodity prices.

Russia is the world's second-largest oil producer, and the region is known as the "breadbasket of the world" for its wheat and corn crops.

The hostilities prompted widespread volatility in asset prices, as investors reacted to fresh news headlines. Over the week, they had to recalibrate their expectations as a string of ever-tougher sanctions on Russia came in.

We broke down the 10 most seismic market events in the days following Russia's invasion of Ukraine:
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