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WORLDAug 12 · 09:33 UTCWPLG LOCAL 10 MIAMIBy ELAINE KURTENBACH, Associated Press

Shares are mixed in Europe and Asia ahead of US inflation report, while oil prices gain

Global shares were mixed Wednesday amid anticipation of key U.S. inflation data, while oil prices advanced due to persistent doubts over when crude could flow freely again following tensions with Iran and attacks by Houthi rebels. While Asian markets saw gains in some sectors, overall volatility was driven by geopolitical risks concerning major shipping routes like the Strait of Hormuz.

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Shares are mixed in Europe and Asia ahead of US inflation report, while oil prices gain · The Nexus