Saudi Arabia Reports Fresh Attacks; Oil Could Hit $120 if Conflict Widens

Saudi Arabia reports fresh missile and drone attacks, with the Saudi-led coalition saying it intercepted threats aimed at the kingdom. The latest escalation comes after deadly attacks over the weekend and raises concerns that the conflict could widen further. Oil remains in focus, with some analysts warning prices could reach $120 a barrel if fighting expands and disrupts additional supply routes. Asian stocks extended losses as the AI trade came under pressure, while global bond markets remained volatile. The combination of geopolitical tensions and sector-specific challenges is creating a complex environment for investors. The potential for oil price spikes adds another layer of uncertainty to the global economic outlook. This report provides the latest on the attacks and market reactions, offering analysis on the potential consequences for energy markets and beyond. Viewers gain a clear understanding of the risks and how they might impact portfolios.