Mullman: Houthi Attacks Impose Near-Term Costs on Saudi

Oil prices pulled back from a five-month high as traders weighed Middle East tensions against resilient supply. Houthi attacks on Saudi Arabia are intensifying, with fresh strikes targeting the kingdom's energy infrastructure. Matthew Mullman, Senior Analyst for Global Macro at Signum Global Advisors, discussed the near-term costs on Bloomberg's Horizons Middle East & Africa.