Oil closes above $108 as Saudi route disruption tightens a strained market
The suspension of Yanbu loadings removes a key alternative to Hormuz, raising the risk that a supply shock feeds into fuel prices and inflation.
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The suspension of Yanbu loadings removes a key alternative to Hormuz, raising the risk that a supply shock feeds into fuel prices and inflation.
ASTER Markets Desk
The benchmark yield’s rise tightens the global price of money, but the duration of the move matters more than the psychological threshold.
ASTER Markets Desk