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Oil up more than $1 after Saudi's Asia price hike

(Reuters) - Oil futures climbed more than $1 a barrel on Monday, after Saudi Arabia raised its prices for crude sales to Asia for the second month running, signaling improved demand in the region. International benchmark Brent regained ground after tumbling as much as 5 percent on...

Yemen's Aden suffers amid clashes, aid deliveries delayed

(Reuters) - Explosions shook the suburbs of the Yemeni port city of Aden on Monday as residents reported a foreign warship shelling Houthi positions on the outskirts of the city. Street fighting and heavy shelling has for several days torn through the city, the last bastion of...