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Finance & Markets

Ras Tanura Fire Follows Attacks on Aramco Offices and Near Shaybah Field

A fire broke out near Saudi Arabia’s key oil export hub of Ras Tanura on the Persian Gulf following an attack early on Tuesday, but the Kingdom quickly contained the fire, an unnamed source familiar with the events told Bloomberg. The extent of the damage was not clear, nor whether the hub was affected. Saudi Arabia early on Tuesday said it had intercepted and destroyed three ballistic missiles…

We haven't written up this one. OilPrice has the full story — the link below goes straight to it.

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“Core” CPI Challenge

Last week, I mentioned the long, distasteful history of governments deliberately underreporting inflation data. It drew surprising pushback — especially given the chronological list I shared: 1944-45…

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