- Madrid's Carvajal to miss several months after serious knee injury
- Two elephants die in flash flooding in northern Thailand
- Sabalenka targets world number one and Wuhan hat-trick
- Tunisia votes with Saied set for re-election
- Bagnaia sets 'example' with Japan MotoGP win to cut gap on Martin
- Intense Israeli bombing rocks Beirut ahead of war anniversary
- Mozambique vote: no suspense but some disillusion
- Austrian rapper channels anti-racist rage in Romani hip-hop songs
- Ohtani magic powers Dodgers over Padres in MLB playoff thriller
- Five of the best: Pakistan-England Test thrillers
- Man sets arm on fire as marches across US mark Gaza war anniversary
- Vietnam's young coffee entrepreneurs brew up a revolution
- Trump rallies at site of failed assassination: 'Never quit'
- Too hot by day, Dubai's floodlit beaches are packed at night
- Is music finally reckoning with #MeToo?
- Fans hail Trump's 'guts' as he returns to site of rally shooting
- Lebanon state media says Israeli strikes hit south Beirut
- Miami on track for MLS record points after win in Toronto
- Monaco take top spot in Ligue 1 with win at Rennes
- Madrid beat Villarreal to level Liga leaders Barca
- Thuram treble fires Inter past Torino and up to second
- 'Fight': defiant Trump jets in to site of rally shooting
- Mexico City's new mayor sworn in with pledges on water, housing
- Israel on alert ahead of Hamas attack anniversary
- Guardians maul Tigers in MLB playoff series opener
- Macron criticises Israel on Gaza, Lebanon operations
- French rugby player whistled but 'serene' on return amid ongoing rape case
- Retegui hat-trick fires five-star Atalanta to hammering of Genoa
- Heavyweights Australia, England off to World Cup winning starts
- Visiting UN refugee agency chief decries 'terrible crisis' in Lebanon
- Spinners come to party as England defeat Bangladesh at T20 World Cup
- Search continues for missing in deadly Bosnia floods
- Man City sink Fulham to get title bid back on track
- France's Auradou whistled on Pau return in Perpignan loss amid ongoing rape case
- A 'forgotten' valley in storm-hit North Carolina, desperate for help
- Arsenal hit back in style after Southampton scare
- Hezbollah heir apparent Safieddine out of contact after strikes
- Liverpool stay top of Premier League as Arsenal, Man City win
- In dank Tour of Emilia, Pogacar shines in rainbow jersey
- DR Congo launches mpox vaccination drive, hoping to curb outbreak
- Trump returns to site of failed assassination
- Careless Leverkusen held to Bundesliga draw
- O'Brien's 'superstar' Kyprios posts landmark win on Arc weekend
- Liverpool suffer Alisson injury blow
- Habosi helps Racing beat Vannes before Auradou's playing return
- Thousands march in London in support of Palestinians, 1 year after Oct 7
- Israel readying response to Iran missile attack
- Schutt, Mooney help Australia beat Sri Lanka in Women's T20 World Cup
- Liverpool extend Premier League lead with win at Palace
- Djokovic 'shakes rust off' to make third round of Shanghai Masters
Oil soars, ruble and equities dive on Russia fallout
Oil and gas prices surged Monday, but the ruble collapsed and global stocks 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 high alert on Sunday and the Kremlin has insisted it can ride out the sanctions.
Brent crude again topped $100 per barrel and Europe's reference Dutch TTF natural gas price rose by more than 12 percent to 106 euros per megawatt hour in mid-afternoon trading, as fears grew 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.
Wall Street stocks opened lower as investors followed a sell-off that began in Europe earlier on Monday.
The Dow was down 1.2 percent, the tech-rich Nasdaq index shed 0.9 percent and the broad-based S&P 500 was down one percent in early trading.
European stocks sank with London losing 1.3 percent, while Frankfurt and Paris shed 2.1 percent and 2.7 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 early on Monday 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 biggest loser 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 in the wake of the sanctions, the European Central Bank said on Monday.
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 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 low against the euro.
News that Russia's central bank had raised interest rates to 20 percent -- the highest since 2003 -- helped pare the ruble's losses only briefly as worried Russians queued up outside banks to withdraw savings.
- Key figures around 1445 GMT -
Brent North Sea crude: UP 2.9 percent at $100.74 per barrel
West Texas Intermediate: UP 3.9 percent at $95.12 per barrel
New York - Dow: DOWN 1.2 percent at 33,668.37 points
New York - S&P 500: DOWN 1.0 percent at 4,340.83
New York - Nasdaq: DOWN 0.8 percent at 13,589.77
London - FTSE 100: DOWN 1.3 percent at 7,390.24
Frankfurt - DAX: DOWN 2.1 percent at 14,255.85
Paris - CAC 40: DOWN 2.7 percent at 6,568.72
EURO STOXX 50: DOWN 2.7 percent at 3,862.63
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)
Euro/dollar: DOWN at $1.1227 from $1.1268 late Friday
Pound/dollar: UP at $1.3419 from $1.3409
Euro/pound: DOWN at 83.68 pence from 84.03 pence
Dollar/yen: DOWN at 115.24 yen from 115.55 yen
P.Cavaco--PC