The International Civil Aviation Organization said civilian aircraft face a heightened risk of being targeted or caught in crossfire.

At midday, China's main futures contracts were mostly lower: container freight to Europe slid over 6% and fuel oil fell more than 4%. Plywood, coke, coking coal and lithium carbonate dropped over 3%; low-sulfur fuel oil (LU) and asphalt fell over 2%. On the upside, palladium rose over 4%; ferrosilicon, platinum and Shanghai silver gained more than 2%, Shanghai gold and Shanghai nickel were up about 2%, and styrene (EB) rose roughly 1%.

Putin said on interest rates and inflation it is important not to over-tighten the Russian economy.