News
23 July 2026

Oil price surge drives Europe borrowing costs higher

In:
Oil & gas
Region:
Middle East & Africa, Europe

Oil prices jumped on Thursday as widening Middle East tensions reignited inflation concerns and pushed European government borrowing costs to long-term highs. Brent rose 4% to nearly $98 a barrel, bringing the $100 threshold into view. Germany's 10-year bund yield, the benchmark for euro zone...

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