Global equity benchmarks and oil prices rose on Friday while safe havens such as the dollar and U.S. Treasuries dipped as hopes for a global economic recovery overshadowed the continued blockage of one of the world’s most vital shipping lanes. More than 30 oil tankers are waiting to traverse the Suez Canal, which has been blocked since Wednesday after a container ship ran aground. It may take weeks to free the beached vessel, though analysts said low seasonal demand for oil may mitigate the impact of the blockade. The dollar rose to a nine-month high against the Japanese yen of 109.44 yen, reflecting investor […]