European shares, Wall Street futures gain as oil retreats Oil slips on chance of Russian exports, Gulf strikes US banks to kick off earnings action on Tuesday Dollar holds recent broad gains, euro on defense MILANSYDNEY, Oct 12 Reuters European shares and US futures edged higher on Monday after a choppy session in Asia as oil prices retreated, while investors looked ahead to key US inflation data and the beginning of the earnings season. Oil prices eased despite strikes on shipping and airports in the Gulf after US President Donald Trump unveiled an energyrelated ceasefire between Ukraine and Russia and proposed that Moscow increase diesel exports. Details, however, remained unclear and the plan faced political opposition in Washington. Brent started higher in Asia before turning lower and was recently down 0.3 at 104.37 a barrel, below a recent top of 109.97, while US crude futures lost 0.6 to 91.33. Deutsche Bank strategist Jim Reid said the outlook for oil remained uncertain. So even if a RussiaUkraine ceasefire and Russian diesel waiver ease pressure on refined products, attacks on Riyadh and fighting around Bab elMandeb leave an upside tail risk for oil and shipping costs, alongside continuing Strait of Hormuz disruption, he said. Lower crude prices helped support sentiment in Europe, where the regionwide STOXX 600 rose 0.6 at 0742 GMT, aided by gains from automakers after China and the European Union reached agreements on hybrid vehicle exports. Brent...