Macro Finance
Oil Advances on Threats to Supply From Russia to Middle East
Bloomberg Markets·October 12, 2026·1 min read
Oil prices rose as Ukraine cast doubt on an 'energy ceasefire' touted by US President Donald Trump. Saudi Arabia suffered its deadliest strikes since the Iran war began, with new drone and cruise missile assaults posing fresh security threats to the kingdom. Michelle Brouhard of Kpler discussed the geopolitical risks on Bloomberg Intelligence.
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