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Molavi: Saudis & Houthis Can Hit Hard; Not End War

Oil prices were low as concerns eased in the Middle East over supply disruptions. This is after the Houthi attacks on Saudi Arabia did not cause any interruptions that markets had feared. The IEA also raised its forecast for the war's impact on supply. Meanwhile the question looms of US military support to Saudi Arabia in their fight against the Iran-backed rebels in Yemen. Afshin Molavi, senior fellow at Johns Hopkins University's School of Advanced International Studies spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the likelihood of US involvement.

Read more: Molavi: Saudis & Houthis Can Hit Hard; Not End War
Bloomberg
Financial

Young: Houthis Threat Not New But Tactics Elevated

Oil prices were low as concerns eased in the Middle East over supply disruptions. The IEA also raised its forecast for the war's impact on supply. Karen Young, Senior Research Scholar at Columbia University's Center on Global Energy Policy spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa over the lack of disruptions caused by the Houthi attacks on Saudi Aramco's facilities.

Read more: Young: Houthis Threat Not New But Tactics Elevated
Bloomberg
Financial

TSMC's Third-Quarter Profit Beats Expectations

TSMC reported a better-than-expected profit for the third quarter as net income rose 69% to NT$763.1 billion ($23.6 billion). That came after the exclusive chipmaker of Nvidia and Apple's most advanced semiconductors reported a sales jump of 51% in the period, taking its revenue across the three months to $47 billion. Bloomberg's Anthony Stephens reports.

Read more: TSMC's Third-Quarter Profit Beats Expectations