- Muslim women break taboos navigating east London's waterways
- Nepal dam-building spree powers electric vehicle boom
- More than 60 dead from storm Helene as rescue, cleanup efforts grow
- Dozens missing, 9 dead in migrant boat wreck off Spanish Canaries
- Death toll from Hurricane John hits eight in Mexico
- Storm Helene's toll rises as rescue and cleanup efforts gain pace
- SpaceX launches mission to return stranded astronauts
- Storm Helene kills 44, threatens more 'catastrophic' flooding as cleanup begins
- SpaceX set to launch mission to return stranded astronauts
- Storm Helene kills 44, threatens more 'catastrophic' flooding
- Boeing strike grinds on as latest talks fail to reach agreement
- Iran 'news' sites, hackers target Trump ahead of US election
- US ports brace for potential dockworkers strike
- Japan's speedy, spotless Shinkansen bullet trains turn 60
- US hurricane deaths rise to 44, fears of more 'catastrophic' flooding
- Global stocks mostly rise, cheering Beijing stimulus
- Europe en route for Moon with new simulator, says astronaut Pesquet
- Fireworks forecast if comet survives risky Sun flypast
- Argentina judge orders dictionary to delete pejorative definition of 'Jewish'
- Global stocks rise on rate hopes, Beijing stimulus
- S.African woman turns 118, among the oldest in the world
- UK clears $4 bn AI partnership between Amazon, Anthropic
- Barca fans barred from Champions League away game over racist banner
- Chinese stocks extend surge, Europe higher on Beijing stimulus
- Pope says Church must 'seek forgiveness' for child sexual abuse
- China caps week of 'bazooka' stimulus for ailing economy with rate cut
- Cuts, cash, credit: China bids to jumpstart flagging economy
- France's debt weighs heavier ahead of budget debate
- Iran treads carefully, backing Hezbollah while avoiding war
- Return to sender: waste stranded at sea stirs toxic dispute
- 'Broken' news industry faces uncertain future
- On remote Greek island, migratory birds offer climate clues
- Taken from mother by nuns, victim seeks answers as pope visits Belgium
- China cuts amount banks hold in reserve to boost lending
- Hong Kong, Shanghai extend surge as China optimism boosts markets
- Vietnam president reiterates support for Cuba during official visit
- Drought reduces Amazon River in Colombia by as much as 90%: report
- Stay or go? Pacific Islanders face climate's grim choice
- Florida bracing for 'unsurvivable' Hurricane Helene
- Poverty rises to over 52 percent in Milei's Argentina
- Chloe's see-through look may not be for Kamala Harris
- Champagne houses abuzz over English sparkling wine
- Macron, Trudeau pledge to work for 'decarbonized' economies
- Hurricanes, storms, typhoons... Is September wetter than usual?
- China stimulus, tech optimism boost stock markets
- 'Unsurvivable' Hurricane Helene races towards Florida
- Macron meets Trudeau in Canada as both face political setbacks
- South Korea surges in UN innovation index
- Chloe's see-through look may not be for Kamala
- Floods threaten Niger's historic 'gateway to the desert'
Oil prices rally, stocks mixed tracking Ukraine crisis
Oil prices rallied Monday on renewed supply fears as the EU debates banning Russian crude imports and following a weekend attack on Saudi facilities.
Stock markets traded mixed, as Ukraine rejected a Russian ultimatum to surrender its besieged southern city of Mariupol.
"Oil prices are up noticeably as the new week of trading begins," noted Commerzbank analyst Carsten Fritsch as Brent and WTI won four percent.
"The reason for the upswing is news that the EU appears to be considering a ban on oil imports from Russia."
EU foreign ministers gathered Monday to discuss adding sanctions on Moscow, with a raft of countries pressing for a ban on Russian energy. Germany, however, is reluctant as it relies on Russian gas.
Kremlin spokesman Dmitry Peskov warned that an oil embargo "is a decision that will hit everyone".
- Drone strike -
Crude futures won support also on news that Yemeni rebels had attacked facilities belonging to oil giant Saudi Aramco.
Drone and missile strikes by Yemen's Iran-backed Huthi rebels at the weekend caused no reported casualties.
The drone assault on the YASREF refinery in Yanbu Industrial City on the Red Sea "led to a temporary reduction in the refinery's production, which will be compensated for from the inventory," the Saudi energy ministry said.
The Saudi-led military coalition that backs Yemen's government said it intercepted and destroyed ballistic missiles and drones launched towards Jizan and other areas in the kingdom, causing "damage" to several sites.
"As war rages in Ukraine, another protracted conflict is also adding to the nervousness around the oil price after Huthi rebels attacked a refinery in Saudi Arabia," said Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown.
"It's officially a temporary outage but still has undermined the effect of Saudi Aramco's pledge to ramp up production in coming years."
Saudi Aramco on Sunday reported a 124-percent surge in annual net profit owing to soaring oil prices that is fuelling inflation worldwide, in turn pushing central banks to raise interest rates that could hinder the economy's growth recovery according to experts.
Elsewhere on Monday, European and Asian stock markets were steadier after recent sharp swings, "not because views on geopolitical or policy/rates risk have improved but because price action shows a market more tolerant of those challenges", said Stephen Innes of SPI Asset Management.
- Key figures around 1145 GMT -
Brent North Sea crude: UP 4.0 percent at $112.25 per barrel
West Texas Intermediate: UP 4.0 percent at $107.24 per barrel
London - FTSE 100: UP 0.8 percent at 7,463.01 points
Frankfurt - DAX: UP 0.2 percent at 14,439.01
Paris - CAC 40: FLAT at 6,619.60
EURO STOXX 50: UP 0.1 percent at 3,906.18
Hong Kong - Hang Seng Index: DOWN 0.9 percent at 21,221.34 (close)
Shanghai - Composite: UP 0.1 percent at 3,253.69 (close)
Tokyo - Nikkei 225: Closed for a holiday
New York - DOW: UP 0.8 percent at 34,754.93 (close)
Euro/dollar: DOWN at $1.1034 from $1.1051 Friday
Pound/dollar: DOWN at $1.3134 from $1.3181
Euro/pound: UP at 83.99 pence from 83.81 pence
Dollar/yen: UP at 119.16 yen from 119.13 yen
burs-bcp/rfj/
U.Ndiaye--CPN