Business · 2 hours ago
Brent tops $101 as Houthi strikes and French debt fears drag the euro
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Brent crude oil climbed about 1% to $101.58 a barrel on Wednesday as traders weighed Houthi attacks on Saudi Arabia and a storm threatening US oil-producing regions. Europe's STOXX 600 slipped 0.45% and the euro fell to $1.1208, with French borrowing costs rising again on fiscal and election worries. US 10-year Treasury yields edged up to 5.307%, ahead of the Federal Reserve's latest meeting minutes.
Reported by Reuters · How we write briefs