Oil Approaches $100 Barrel Following Attacks on Saudi Energy Infrastructure
Source Summary
Oil prices have risen toward the $100 per barrel level following attacks on Saudi Arabian energy facilities. Bloomberg's "The Pulse" program featured discussions with senior economists and investment professionals including Jens Eisenschmidt of Morgan Stanley, Miriam Wheeler of Goldman Sachs, and Evy Hambro of BlackRock regarding market implications.
Why it matters
Supply disruptions from attacks on major oil-producing infrastructure directly affect global energy prices and economic stability.
