European Stocks Retreat as Rising Oil and Yields Erase Three-Day Rally

📉 EUROPE — Three days of recovery wiped out by the same war that caused the problem. 📌 LOOK CLOSER: With Brent at $102 and stockpiles exhausted, there's no external catalyst that breaks the oil-yield pressure loop. Rising yields reflect inflation expectations baked in by a longer war; rising oil prices are the cause. European equities had no fundamental basis for the rally — and the market just corrected that. Winter demand hasn't even arrived yet.