Saudi Arabia Reports Fresh Attacks as Wider Conflict Could Push Oil to $120
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Saudi Arabia reports fresh missile and drone attacks, with the Saudi-led coalition saying it intercepted threats aimed at the kingdom. The latest escalation comes after deadly attacks over the weekend and raises concerns that the conflict could widen further. Oil remains in focus, with some analysts warning prices could reach $120 a barrel if fighting expands and disrupts additional supply routes. Asian stocks extend losses as the AI trade comes under pressure, while global bond markets remain volatile. The IMF warns that surging yields are now a major risk to the financial system and says weaker banks could come under increasing strain if the AI boom reverses sharply. The UK says Iran’s Revolutionary Guard directed activity at an airbase used by the US, adding to regional security concerns. Donald Trump says Vladimir Putin and Volodymyr Zelensky need to come together to end the war, while Jared Kushner says a diesel-related initiative is aimed at softening Russia’s position. In techno
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