News
Brent tops $111 on an unconfirmed Hormuz mine claim as ECB's Rehn notes wider French spread
Brent tops $111 on an unconfirmed Hormuz mine claim as ECB's Rehn notes wider French spread
- Iran's IRGC says two tankers were halted and set ablaze by mines in the Strait of Hormuz ( / 09:27 GMT), no independent confirmation yet
- Brent above $111 on newswires, highest since May, vs 109.55 December settle on Monday
FO view: Rehn acknowledges the French spread without flagging any policy step, which keeps the 150bp OAT-Bund watch level in focus.
Not investment advice.