it is time for business with kate moody. u have been watching how the markets and oil prices are reacting to the situation between russia and ukraine. kate: we have seen huge volatility as the tensions were building up. while there was choppy trade, global stock market have taken the latest escalation roughly in--relatively in stride. wall street has closed lower but we saw stocks pairing back earlier, sharper losses. down 1% across the board for the dow, s&p 500, and the nasdaq. major european indices had a volatile session, but a mixed, relatively muted close. the ruble-dominated index in moscow plunged 6%, following monday's 10% drop, but did clawback some of the earlier losses as well. oil prices were trading at their highest levels in 8 years, brent crude planning is highs $99 before settling close to 97. i spoke to an interactive investor about what she expects from oil prices in the short term. >> it's been interesting to see brent crude come within a whisper of that psychological round number of $100 mark, hitting 8-y