Oil prices are surging, approaching $100 per barrel, as the Ukraine crisis roils energy markets

After Russia moved soldiers into separatist territory in Ukraine, European gas futures jumped 13%.

On Tuesday, oil prices surpassed $100 a barrel for the first time in more than seven years, while European gas futures momentarily soared more than 13%, on growing worries about the military conflict in Ukraine following the Kremlin's late Monday order to send Russian soldiers into rebel territory.

On Tuesday, Brent crude,....