Oil futures slid Monday on expectations that Western sanctions in response to rising tensions between Russia and Ukraine are unlikely to affect oil and natural-gas supplies. Light, sweet crude for April delivery settled down 81 cents, or 0.8%, at $98.08 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange fell $1.97, or 1.8%, to $106.24 a barrel, its lowest settlement price since Feb. 4. The U.S. and European Union enacted sanctions against Russian and Ukrainian officials Monday in response to Moscow’s military intervention in Crimea. The U.S. sanctions prohibit Americans from conducting business with seven Russian officials and four Ukrainians. The EU imposed asset freezes and travel bans on 13 Russians and eight leaders from Ukraine’s […]