Crude-oil futures rose in the Asian session Monday on uncertainty about Ukraine as the government and pro-Russian activists braced for clashes in the east of the country. On the New York Mercantile Exchange light sweet crude futures for delivery in May traded at $104.24 a barrel at 0530 GMT, up $0.50 in the Globex electronic session. May Brent crude on London’s ICE Futures exchange rose $0.57 to $107.90 a barrel. Oil prices are “leveraging on the escalation” of prevailing uncertainty in Ukraine, Phillip Futures investment analyst Chee Tat said in a report. The Ukraine military has mobilized as pro-Russian activists extend their grip across east. Risk of clashes remains high after a fatal shooting of a security officer early Sunday. While the U.S. and its Western allies have said the well-equipped gunmen appeared to be Russian special forces Moscow has denied it was behind the unrest. “Mounting speculations on […]