Global oil prices spiked past $100 per barrel following reported attacks targeting Saudi Arabia’s key energy infrastructure.nnSatellite imagery indicated a massive fire along the East-West Petroline, a vital pipeline designed to bypass the Strait of Hormuz. The incident follows heavy missile barrages targeting southern Saudi cities.nnSource: NDTV Profit
Global sukuk issuance set for H2 recovery as GCC issuers return
Global sukuk issuance is expected to recover to $140-$150 billion in the second half of 2026 as GCC issuers return to the market, according to a Moody’s report.
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