Brent jumps more than $3 to about $108 as Saudi pipeline stays shut
Brent crude rose $3.62, or 3.5%, to $108.23 a barrel by 22:14 GMT as trading opened for the week, and WTI rose $3.15 to $103.20, after the shutdown of Saudi Arabia's East-West pipeline, new Houthi strikes on the kingdom and the collapse of the Iran-Gulf Hormuz meeting. Brent held near $108 on Monday morning.