By Martin Baccardax Russia’s accelerating incursion in Ukraine has global markets on the defensive Tuesday, with oil prices set to test the $100 mark for the first time since 2014. U.S. equity futures traded lower Tuesday, while oil prices raced to fresh seven-year highs and Treasury yields retreated, as global markets reacted to Russia’s provocative actions in eastern Europe that are likely to result in widespread sanctions from western leaders and escalating military tensions in the region. Russian President Vladimir Putin said he would recognize the independent sovereignty of two breakaway …