Saudi Aramco Said to Order HQ Evacuation, Oil Prices Set for Weekly Gain
Saudi Aramco is reported to have instructed employees to leave its Dhahran headquarters and work from home as fighting with the Houthis continues. Saudi Arabia reports intercepting drones and missiles, while oil heads for a weekly gain. Middle Eastern oil flows approach prewar levels, even as Trump raises the prospect of further action against Iran. The kingdom is also seeking overseas storage for Aramco to strengthen its ability to supply customers during disruptions.
The global technology selloff gathers pace as investors retreat from the AI trade. South Korea’s Kospi falls, the valuation ga