[MARKET UPDATE] Crude complex climbs to session highs without a clear driver, Brent vaults USD 113/bbl, DXY muted, Bourses tilt lower

The rise in the crude complex, with Brent exceeding USD 113/bbl, suggests a tightening supply dynamic or increased geopolitical concerns, despite the absence of a specific driver. The muted performance of the DXY indicates that currency moves may not be influencing oil prices significantly at this moment. The overall decline in European bourses adds to the risk-off sentiment, which could be supporting safe-haven inflows into commodities like oil.