Saudi Aramco Headquarters Hit in Houthi Attack as Iran Escalates Hormuz Ship Strikes
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Saudi Aramco’s headquarters in Dhahran is hit in a Houthi attack, sparking a fire and marking a major escalation against Saudi energy infrastructure. Iran is also intensifying attacks on shipping in the Strait of Hormuz, adding further pressure to regional trade and energy routes. Donald Trump says the Houthis are trying to push oil prices higher at Iran’s behest and says he is considering joining the Saudi-led campaign. Asian stocks rise ahead of US inflation data, while Fed official John Williams says he sees no need for further tightening beyond one more rate increase this month. Bank of America faces potential fines of around $1.2 billion over alleged money-laundering lapses, while an OpenAI employee has been arrested over a hidden recording device. At the Bloomberg New Economy Forum in India, Marubeni President and CEO Masayuki Omoto discusses the changing global supply-chain map and the impact of the Middle East war on supplies. DP World CEO Yuvraj Narayan says the impact of the
Tags: Abeer Abu Omar, Africa, Apple Inc., Aramco, Bloomberg, Bloomberg News, Bloomberg TV, Bloomberg Television, Charu Chanana, China, Dangote Group, Donald Trump, Economy, F1, Iran, Israel, Masayuki Omoto, Middle East, Mideast, Oil
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