Brent crude oil prices established a firm footing above $90 per barrel, supported by ongoing geopolitical tensions in key producing regions. Market participants monitor the futures market closely, with analysts indicating that any renewed escalation in regional conflicts could push prices back into the triple-digit range.
In corporate developments, Swiss real estate firm PSP Swiss Property reported a significant increase in its profit for the first half of the year, bolstered by stable portfolio valuations and steady rental income performance. Meanwhile, industrial and optical components manufacturer Huber + Suhner concluded its reporting period with mixed financial results, reflecting varying demand trends across its core operating divisions.
