Macro Finance
Oil Swings on Russia-Ukraine Progress, Saudi Attacks
Bloomberg Markets·October 12, 2026·1 min read
Oil prices swung after President Trump said Kyiv and Moscow agreed to an 'energy ceasefire,' but President Zelenskyy said Russia breached the truce. Saudi Arabia suffered its deadliest strikes since the Iran war began. U.S. equity futures wavered ahead of earnings season, with Treasury markets closed for the holiday.
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