The price of Brent rises 3% and exceeds $109, while Europe accentuates its fall
The price of Brent crude oil, the benchmark in Europe, rises more than 3% and is trading above $109 per barrel, causing European stock markets to accentuate the opening falls, with declines that, in some cases, exceed 1.50%.
Meanwhile, negotiations between the United States and Iran remain without progress and the Strait of Hormuz remains blocked. In this context, the main European cities accentuate the opening losses: Milan fell 1.57%, Frankfurt 1.50%, Madrid 1.45%, Paris 1.14% and London 1.06%.
The European stock markets opened this Friday in red, dragged by Asia, where significant falls were recorded in the South Korean Kospi (6.12%) after reaching intraday highs and in the Tokyo Nikkei, which lost almost 2% due to profit-taking in the technology sector and the increase in the yield of Japanese debt bonds. (Efe)
