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08.09.26 - 17:42
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Saudi Arabia Halts Energy Sites as Houthis Claim New Attacks (Bloomberg)
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Saudi Arabia halted several energy facilities in the south, as the Iran-backed Houthi militants claimed fresh strikes on the kingdom. The Yemen-based Houthis said they targeted Saudi Aramco's facilities in Abha, Najran and Jazan with ballistic missiles and drones, the group's military spokesperson said in a statement. The attacks caused fires at several locations, and efforts were ongoing to contain the blazes, the Saudi energy ministry said on X, without naming the facilities.
While the targets appear to include infrastructure that supply the local Saudi demand, repeated attacks on Jazan, where a major refinery is located, are a concern for the oil market. For the latest, we speak with Becca Wasser, Defense Lead for Bloomberg Economics. (Source: Bloomberg)...
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08.09.26 - 16:39
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Houthis Pummel Southwest Saudi Arabia With Ballistic Missiles, As Yemen Air & Ground War Erupts (ZeroHedge)
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Houthis Pummel Southwest Saudi Arabia With Ballistic Missiles, As Yemen Air & Ground War Erupts
The heaviest fighting since the Iran war began is taking place in Yemen currently, also involving significant overnight attacks on Saudi energy and military sites by the Houthis.
The Houthis have since unveiled new operations, in a Tuesday statement saying the Iran-aligned group is targeting critical Saudi oil and military infrastructure. Widely circulating local videos suggest the attacks on multiple sites were in some case simultaneous and overwhelming.
"In response to this brutal aggression and in confronting comprehensive escalation with comprehensive escalation, the YAF carried out a large-scale … operation, targeting Aramco facilities in Abha and Najran, the Economic City, Aramco in Jizan, and Khamis Mushait Air Base, using dozens of ballistic missiles and drones," said the Houthi statement.
Yemen state media/The Independent: Smoke billows from burning trucks on Yemen-Saudi border...
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08.09.26 - 13:01
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Attacks Halt Saudi Energy Sites, Novartis Drops Most in 6 Years | The Opening Trade 9/8/2026 (Bloomberg)
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Brent oil surged toward $100 a barrel after Saudi Arabia halted some energy operations near its border with Yemen due to attacks, highlighting risks to supply from the region.
Novartis shares plunge as much as 10%, marking the worst day since 2020, after its del-desiran treatment for a rare muscle-wasting disease failed to meet the primary endpoint in a phase 3 trial. Vontobel said this is another “major pipeline setback.”
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Tom Mackenzie. (Source: Bloomberg)...
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08.09.26 - 12:48
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Oil Nears $100 After Attacks Hit Saudi Energy Facilities | The Pulse 9/8/2026 (Bloomberg)
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Today's guests: Jens Eisenschmidt, Morgan Stanley Chief European Economist; Miriam Wheeler, Goldman Sachs Global Head of Leveraged Finance; Evy Hambro, BlackRock Global Head of Thematic and Sector Investing (Source: Bloomberg)...
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