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McNally: Oil Market Underappreciates Geopolitical Risk

Oil extended declines as traders weigh President Donald Trump's claim of an "energy ceasefire" between Russia and Ukraine. This comes after hostilities escalated across the Middle East, with strikes by Houthis on Saudi Arabia’s Riyadh airport. Bob McNally, President and Founder of Rapidan Energy Group and Former White House energy advisor spoke to…

Sources (1)· Oct 12, 6:22 AM

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Bloomberg· Oct 12, 6:22 AMMcNally: Oil Market Underappreciates Geopolitical Risk

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Iran calls latest U.S. proposal to end war 'insufficient' as Netanyahu's corruption trial resumesA senior Iranian official says Tehran finds the latest U.S. response to a proposal to end the war "insufficient" and warns of attacks on regional data centers and cables if fighting intensifies again.

PBS NewsHour6d agoWhole story →

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Iran calls U.S. response "insufficient" amid stalled talks to end the warAfter Saudi Arabia said Iran's Houthi allies carried out another strike at Riyadh's airport, Iran called the U.S. effort to negotiate toward ending the war "insufficient."

CBS News6d agoWhole story →

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'October surprise' wallops Trump admin as 'disaster' engulfs Middle East: expertWith the midterms just weeks away, a cascade of attacks across the Middle East has left the Trump administration facing what one geopolitical expert called “only the BEGINNING of the October Surprise,” one that was predicted by another expert months prior. Yemen’s Houthi militants carried out a deadly attack on Saudi Arabia’s capital Saturday, the third…

Raw Story6d agoWhole story →

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Houthi attacks escalate conflict in Middle East

Deseret News7d agoWhole story →

Security middle east conflict escalation

Iran War an Economic DisasterIf you have felt your grocery bill and mortgage payments marching higher, Jim Chalmers says a big reason sits offshore. On ABC's Insiders on Sunday he said,

EUROPE SAYS13d agoWhole story →

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What Houthi Airport Attacks Mean for Oil Market, TrumpSaudi Arabia’s main airport came under renewed attack from Houthi rebels. Bloomberg journalists and Jean-Loup Samaan, senior research fellow at the Middle East Institute of the National University of Singapore, discuss. (Source: Bloomberg)

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Trump Says U.S. May Join Saudi Strikes on Houthis After Riyadh Airport AttacksAttacks on Saudi airports have killed several people and disrupted hundreds of flights, prompting Washington to consider a larger military role in Yemen.

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Saudi Intercepts Houthi Attacks as Pressure Grows on USSaudi Arabia intercepted more ballistic missiles launched by Yemen’s Houthis, as pressure grows on Washington to step up efforts to help its close ally. Bloomberg's Abeer Abu Omar has the latest. (Source: Bloomberg)

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Deadly Attacks on Saudi Arabia Risk Wider War That Draws In USThis weekend’s deadly attacks on Riyadh’s main airport have demonstrated the ability of Yemen’s Houthis to strike at the heart of Saudi power, raising the risk of a dangerous escalation that could draw in the US.

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Trump warns US may hit Houthis after American killed at Saudi airport and terror group threatens more attacksPresident Trump warned the US may join Saudi Arabia in its upcoming retaliatory attacks against the Houthis after the Iran-backed terror group carried out the deadliest attack on Riyadh in a decade.

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Trump rejects Iran proposal on Hormuz as Houthis target RiyadhPresident Donald Trump said Saturday he rejected a deal from Iran to reopen the Strait of Hormuz as Saudi Arabia’s capital came under attack from Yemen’s Houthis over the weekend.

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