EconomyAttacks Halt Saudi Energy Operations as Novartis Suffers Biggest Drop in Six Years

Brent crude surged toward $100 a barrel after attacks near Saudi Arabia’s border with Yemen led the kingdom to suspend some energy operations, underscoring regional supply risks. Novartis shares fell as much as 10% after its del-desiran treatment for a rare muscle-wasting disease missed the primary endpoint in a phase 3 trial, its worst session since 2020.