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Attacks on Saudi oil infrastructure can affect global crude supply expectations and thus influence prices of commodities including precious metals, as energy cost pressures may alter broader market risk sentiment and central bank policy responses. Next up: 2-Year Note Auction.
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@FirstSquawk · 07/25, 01:48 PM
Event soonYemen's Houthis claimed to have struck a Saudi Aramco oil facility in Jizan with missiles and drones overnight, with reports of fires at the site.
Attacks on Saudi oil infrastructure can affect global crude supply expectations and thus influence prices of commodities including precious metals, as energy cost pressures may alter broader market risk sentiment and central bank policy responses.
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