Global oil prices rose as maritime attacks in the Middle East stoked concerns about energy supply, according to Equiti.
The report noted Brent crude and the U.S. dollar index advancing on geopolitical worries, while European equities slipped. Supply concerns tied to regional conflict can drive movements in oil and currency markets.
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Sources:
https://www.equiti.com/sc-en/news/market-news/brent-crude-and-dxy-advance-on-geopolitical-concerns-european-equities-slip/