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Oil could rise $10 per barrel after drone attack forces Saudi to cut output in half

Oil prices are expected to jump as much as $10 per barrel after a coordinated drone strike hit Saudi Arabia’s largest oil field, forcing the kingdom to cut its oil output in half.

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US blames Iran for strikes on Saudi oil sites: ‘Unprecedented attack on world’s energy supply’

Yemen’s Houthi rebels have claimed responsibility for the attacks, which created a huge fire at a processor essential to global energy supplies.

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Trump says he discussed a mutual defense treaty with Israeli Prime Minister Benjamin Netanyahu

Trump’s call comes only three days before Israel’s election. Netanyahu faces a tough re-election bid after a more than 13-year tenure as Israel’s prime minister.

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Saudi oil production cut by 50% after drones attack crude facilities

An oilfield operated by Saudi Aramco was attacked by drones, which sparked a huge fire at a processor crucial to global energy supplies.

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Osama bin Laden’s son Hamza was killed in a US counterterrorism operation, Trump says

U.S. officials learned that Hamza bin Laden was dead in July. He was killed sometime during the first two years of Trump’s presidency, but details on the strike are still unclear.

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This investor has found a way to navigate and make money in volatile Latin American stocks

Luiz Maria Ribiero manages the DWS Latin America Equity fund (SLARX), which is up nearly 20% this year.

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The US-China trade war has set in motion an unstoppable global economic transformation

The decoupling of the world’s two weightiest economies seems as inescapable as its extent and global impact remains incalculable.

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Yemen’s Houthi rebels launch drones on 2 big Saudi oil sites

Drone attacks targeted a major Saudi Aramco processing facility and oilfield in eastern Saudi Arabia Saturday, the Interior Ministry said, sparking a huge fire at one of the sites before dawn.

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Hong Kong protesters plan mall sit-ins, gathering outside British consulate

Hong Kong pro-democracy activists plan sit-ins at shopping malls and student rallies on Saturday after a night in which protesters took to the hills to form lantern-carrying human chains, the latest demonstrations in months of unrest.

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Disney CEO Bob Iger resigns from Apple board

Disney’s forthcoming Disney+ will compete with Apple’s Apple TV+ in the online streaming service market.

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