Saudi Arabia Says Energy Sites Near Yemen Halted After Attacks
Saudi Arabia said operations at several energy facilities in the kingdom’s south were halted after attacks ignited fires, the latest escalation in the region bordering Yemen.
Brent oil prices surged past $100 a barrel following Saudi Arabia's decision to halt some energy operations near its border with Yemen due to attacks, signaling potential supply risks from the region. Novartis shares plummeted up to 10%, marking the worst trading day since 2020, following a failed phase 3 trial for its del-desiran treatment for a rare muscle-wasting disease, labeled by Vontobel as another "major pipeline setback."
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