[MARKET UPDATE] Crude futures continue grinding higher heading into a weekend with elevated geopolitical risk, Brent May'26 futures eye USD 110/bbl to the upside; fixed income dip in tandem as yields rise with the dollar; fresh news flow light

Crude futures are moving higher as geopolitical tensions remain elevated, suggesting a market sensitivity to potential supply disruptions. The upward pressure on Brent prices towards USD 110/bbl could lead to further inflation concerns, while fixed income dips indicate a risk-off sentiment with rising yields and a stronger dollar, reflecting investor caution in light of ongoing uncertainties.