Attacks Halt Saudi Energy Sites, Novartis Drops Most in 6 Years | The Opening Trade 9/8/2026

🇸🇦 Bloomberg (SA) —

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Brent crude oil prices surged toward $100 a barrel as Saudi Arabia halted some energy operations near the Yemen border due to attacks, highlighting the risk to supply. Additionally, Novartis shares dropped by 10% after trial failure for a rare disease treatment.

Brent oil surged toward $100 a barrel after Saudi Arabia halted some energy operations near its border with Yemen due to attacks, highlighting risks to supply from the region. Novartis shares plunge as much as 10%, marking the worst day since 2020, after its del-desiran treatment for a rare muscle-wasting disease failed to meet the primary endpoint in a phase 3 trial. Vontobel said this is another “major pipeline setback.” The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

World Security Markets Health Commodities Energy Brent oil Saudi Arabia energy operations attacks Novartis clinical trial failure rare disease

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