Asian stocks were mostly higher and oil prices rose on Monday after the European Union and the Group of Seven Democracies agreed on a boycott of most Russian oil and oil prices a price cap of $60 per barrel on Russian exports.
Hong Kong’s benchmark Hang Seng Index
HSI,
jumped 3.5% and the Shanghai Composite
SHCOMP,
Added 1.6%.
Hopes for less disruption to manufacturing and trade have risen as the Chinese…
