EconomySaudi Pipeline Stays Offline; Trump Clashes With AI Bosses

Oil prices rise as Saudi Arabia seeks to increase exports through the Strait of Hormuz while its key East-West pipeline remains shut for several days, keeping supply concerns in focus. Etihad Airways says its cargo operations and fuel hedging have softened the effect of higher prices as it aims for breakeven. The US 10-year Treasury yield tops 5% for the first time since 2023.