Middle East Markets Plunge Amid Oil Shock and U.S. Tariffs in Perfect Storm
Gulf stocks reel from unexpected Opec+ output hike and aggressive U.S. tariffs, triggering a regional sell-off that threatens economic ambitions across the GCC. Middle East Markets Plunge Amid Oil Shock and U.S. Tariffs in Perfect Storm Stock markets across the Middle East experienced a brutal sell-off on Monday, battered by the twin shocks of a surprise Opec+ output hike and an escalation in the U.S.-China trade war. The result: a dramatic unraveling of investor confidence that market watchers have dubbed a “regional bloodbath.” The turmoil, echoing global sell-offs, has placed oil-reliant Gulf economies under intense pressure, casting a long shadow … Continue reading Middle East Markets Plunge Amid Oil Shock and U.S. Tariffs in Perfect Storm
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