Asia

The Saudi defence ministry said on Monday it had thwarted a drone attack targeting an oil field in the kingdom’s east, near the Emirati border.”It has been an incredibly wild ride for traders and investors to navigate the price action put to them over the past 24 hours, with breathtaking reversals taking place across many parts of the financial markets,” said Chris Weston, an analyst at Pepperstone.”The pressure valve has clearly been released for now. However, volatility across energy markets remains exceptionally elevated.”While the most extreme stress has eased, markets are still pricing a significant degree of uncertainty and risk.”The…

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