Saudi Arabia Restores Key Oil Pipeline as Hormuz Talks Stall
Community Score: 50% | 1.2K views | 2w
0 community ratings: null thumbs up, null thumbs down
Saudi Arabia restores its key East-West oil pipeline, with flows reaching 3.5 million barrels a day and returning to half capacity, as hopes for a US-Iran deal fade. Tehran is pessimistic about an agreement before the US midterms, while Hormuz talks stall and oil prices rise. Global bonds remain in focus as higher oil prices fuel inflation concerns. Treasuries stabilize after the recent selloff, while Japan’s 40-year bond sale sees its strongest demand since 2020. Australia’s central bank raises its cash rate by 25 basis points to 4.60% and signals further increases if needed. The UAE says Prime Minister Benjamin Netanyahu and UAE officials discussed bilateral relations and ways to strengthen ties. AI takes center stage as Nvidia unveils a new security system designed to prevent AI agents from going awry, saying its tools could have helped prevent the Hugging Face breach. AMD CEO Lisa Su speaks exclusively to Bloomberg about AI technology and safety, as AMD agrees to buy AI startup Wor
Tags: Abeer Abu Omar, Advanced Micro Devices Inc., Africa, Anthropic PBC, Bank of Singapore, Benjamin Netanyahu, Bloomberg, Bloomberg News, Bloomberg TV, Bloomberg Television, Brookfield Asset Management, Canada, China, Danny Lee, Donald Trump, Economy, Federal Reserve, Iran, Israel, Kenya
More from Bloomberg Television
- Americans Crave Low-Cost Chinese EVs — Score: 50%
- Bloomberg This Weekend | Shots Fired at WHCD — Score: 50%
- Rep. Beyer: "We Are More Divided Than We've Ever Been" — Score: 50%
- Rep. McCaul on How to Combat Political Violence — Score: 50%
- Sen. Tillis Expected to Clear Way for Kevin Warsh as Fed Chair — Score: 50%
- King Charles' Security Under Review ahead of DC Visit — Score: 50%