NewsMacro & flows
Brent crude hits $110 for the first time in months.
Brent crude reached $110 per barrel—its highest price in months. Attacks on Saudi infrastructure and fighting near the Bab el-Mandeb Strait are threatening the global crude oil supply.
Higher oil prices benefit energy companies like YPF, but they may also fuel global inflation. This complicates the outlook for consumer-sector stocks and bonds in emerging markets, including Argentina.
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