Gulf Markets Slip as Renewed Middle East Hostilities Test Investor Confidence
Regional equities weakened as shipping risk, oil volatility and renewed US-Iran confrontation pushed investors back into defensive positions.
Regional equities weakened as shipping risk, oil volatility and renewed US-Iran confrontation pushed investors back into defensive positions.
The first global reaction combined higher equities, lower oil, stronger bonds and a weaker dollar, but central banks will wait for evidence that inflation…
Crude prices dropped sharply after the US-Iran framework, although mines, insurance and disrupted logistics may delay the return of normal Gulf exports.