Mixed day for global equities as oil prices retreat

AI Summary

Global equity markets experienced a mixed day with Brent crude oil prices falling below $97 per barrel. The price drop followed a statement by Houthi rebels denying any blockage of traffic through the strategically important Bab al-Mandeb Strait.

Brent crude dropped below US$97 a barrel after Houthi rebels said they were not blocking traffic through the strategic Bab al-Mandeb Strait.