- Grammy-winning Cissy Houston, mother of Whitney, dies at 91
- UN biodiversity summit in Colombia aims to turn words into action
- Georgia Supreme Court reinstates six-week abortion ban
- 'Dark day': Victims mourned around the globe on Oct. 7 anniversary
- On attacks anniversary, Israel fights multi-front war
- Mexican mayor murdered days after taking office
- Intensifying to Category 5, Hurricane Milton targets Florida
- Mission to probe smashed asteroid launches despite hurricane
- Biden, Harris mark Oct. 7 with call for Mideast peace
- Dupont set for Toulouse return after post-Olympic holiday
- French rugby bosses tighten discipline after nightmare Argentina tour
- Oil prices extend gains on Mideast tensions, Wall Street slips
- Visitors to get rare view of Rome's Trevi Fountain
- Europe's asteroid mission Hera launches despite hurricane
- Man City and Premier League both claim victory in legal case
- Deschamps delight as 'light back on' for Pogba after doping ban
- Biden, Harris urge Mideast peace on Oct. 7 anniversary
- Neeskens, tough midfielder in Cruyff's Ajax and Dutch teams
- UN warns world's water cycle becoming ever more erratic
- Oil prices extend gains on Mideast tensions, Wall Street retreats
- Ex-Dutch football star Johan Neeskens dies
- Man Utd battling to improve fortunes, says Evans
- What is microRNA? Nobel-winning discovery explained
- Masood, Abdullah centuries lift Pakistan to 328-4 in first England Test
- Hurricane Milton strengthens fast, threatens Mexico, Florida
- Tunisia's President Saied set for landslide election win
- Barca hoping to return to Camp Nou 'by end of year'
- Trump to open second golf course at Scotland resort in summer 2025
- Super-sub Jhon Duran rewarded with new Aston Villa deal
- US duo win Nobel for gene regulation breakthrough
- Masood hits first ton for four years to power Pakistan to 233-1
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- Naomi Osaka pulls out of Japan Open with back injury
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- China to flesh out economic stimulus plans after bumper rally
- Artist Marina Abramovic hopes first China show offers tech respite
- Asian markets track Wall St rally on US jobs data
- Pakistan 122-1 at lunch in first England Test
- Kazakhs approve plan for first nuclear power plant
- World marks anniversary of Oct. 7 attack on Israel
- 'Second family': tennis stars hunt winning formula with new coaches
- Philippines, South Korea agree to deepen maritime cooperation
- Mexico mayor murdered days after taking office
- Sardinia's sheep farmers battle bluetongue as climate warms
- Japan govt admits doctoring 'untidy' cabinet photo
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Energy spikes, ruble and equities dive on Russia fallout
Oil and gas prices surged Monday but the ruble collapsed and European equities sank after world powers imposed new sanctions on Russia over its invasion of Ukraine.
Russian President Vladimir Putin reacted to the latest tough measures by placing his nuclear forces on a higher alert level.
Brent crude again topped $100 per barrel and Europe's reference Dutch TTF natural gas price surged more than a third to 128 euros per megawatt hour, as traders fretted over Russian energy supplies.
The news, alongside sharp gains for aluminium, nickel and wheat, sparked renewed concern over rampant inflation.
Traders will closely watch a meeting this week of OPEC and other major oil producers led by Russia, where they will discuss output plans.
European stocks sank with London losing 1.2 percent, while Frankfurt and Paris shed 2.3 percent and 3.0 percent respectively following a mixed showing in Asia.
The ruble struck record lows against the euro and dollar after the West banned all transactions with Russia's central bank and ejected some lenders from international payments system SWIFT.
- Eurozone banks take hit -
The weekend news sent shockwaves through European banks amid fears of a sector-wide impact.
In Paris, Societe Generale slumped 10.4 percent, BNP Paribas shed 8.2 percent and Credit Agricole lost 5.5 percent.
In Frankfurt, Deutsche Bank was the heaviest faller with a drop of 8.5 percent.
"European banks with the biggest exposure to Russia... have been hit hardest amid today's market sell-off," said Interactive Investor's Victoria Scholar.
"The SWIFT system in this context mainly matters as it allows Russian energy companies to easily sell oil and gas abroad via the conduit of the global financial system."
The European subsidiary of Russia's state-owned Sberbank is meanwhile facing bankruptcy, the European Central Bank said on Monday, in the wake of the sanctions.
In the British capital, Russia-exposed companies were back in the firing line.
London-listed shares in Russian metal giants Polymetal and Evraz took another battering, collapsing by 52 percent and 27 percent respectively.
British energy giant BP dived almost 6.0 percent in value after deciding to exit Russia.
Gold and the yen, go-to assets in times of uncertainty, rose, while the dollar was up against most other currencies.
Emerging markets units took a hit from the Ukraine turmoil, with the Hungarian forint hitting an all-time euro low.
News that Russia's central bank had hiked interest rates to 20 percent -- the highest since 2003 -- helped pare the ruble's losses only briefly.
- Key figures around 1145 GMT -
Brent North Sea crude: UP 4.9 percent at $102.68 per barrel
West Texas Intermediate: UP 4.6 percent at $95.81 per barrel
London - FTSE 100: DOWN 1.2 percent at 7,400.36 points
Frankfurt - DAX: DOWN 2.3 percent at 14,228.45
Paris - CAC 40: DOWN 3.0 percent at 6,547.06
EURO STOXX 50: DOWN 3.0 percent at 3,852.63
Tokyo - Nikkei 225: UP 0.2 percent at 26,526.82 (close)
Hong Kong - Hang Seng Index: DOWN 0.2 percent at 22,713.02 (close)
Shanghai - Composite: UP 0.3 percent at 3,462.31 (close)
New York - Dow: UP 2.5 percent at 34,058.75 (close)
Euro/dollar: DOWN at $1.1199 from $1.1268 late Friday
Pound/dollar: DOWN at $1.3400 from $1.3409
Euro/pound: DOWN at 83.53 pence from 84.03 pence
Dollar/yen: DOWN at 115.54 yen from 115.55 yen
S.F.Warren--AMWN