Oil Nears $100 as Attacks Hit Saudi Energy Sites

Global oil prices are climbing toward $100 a barrel after attacks targeted Saudi Arabia’s energy infrastructure. The strikes raise fresh concerns about supply disruptions in one of the world’s key producing regions. The jump in crude prices comes as investors weigh the potential impact on global markets. Saudi Arabia has not yet confirmed the full extent of the damage, but early reports suggest significant disruption at several facilities. The development was a central topic on “The Pulse With Francine Lacqua,” a Bloomberg program that brings together top voices from business, finance, and politics. Based in London, the show focuses on exclusive interviews and market-moving news. Today’s guests included Jens Eisenschmidt, Chief European Economist at Morgan Stanley; Miriam Wheeler, Global Head of Leveraged Finance at Goldman Sachs; and Evy Hambro, Global Head of Thematic and Sector Investing at BlackRock. The experts discussed how higher energy costs could affect inflation, corporate debt, and investment strategies. With oil nearing the $100 mark, analysts are watching for further price swings in the coming days.