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[CNA] European stocks rise on the back of a boost from oil stocks

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European stocks rose on Monday, helped by gains in energy stocks, as oil prices continued to rise, but at the same time the general risk sentiment stemming from the situation in Ukraine did not subside.

The pan-European STOXX 600 rose 0.1% after closing with its biggest weekly percentage gain since November 2020 on Friday.

Markets are closely watching the war in Ukraine as governments in the European Union consider imposing an oil embargo on Russia ahead of a meeting later this week with U.S. President Joe Biden.
(CNA)

CNA - Reuters
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