Middle East Tensions Drive Brent Above $100 as SoftBank Makes $30 Billion OpenAI Bet

Key TakeawaysBrent Crude futures surged 2% to $101.99 per barrel following reports of explosions at a U.S. base in Kuwait and drone interceptions in Saudi Arabia, sparking fears of a wider regional conflict.SoftBank Group Corp. (SFTBY) is reportedly making a massive $30 billion investment in OpenAI, pushing its loan-to-value ratio toward a self-imposed 25% limit.U.S. Treasury yields climbed across the curve, with the 2-year yield rising 7.4 basis points to 3.905%, while U.S. and European equity futures sign ...