'Oil Over Panic': Saudi Arabia’s Markets Climb Despite Global Stocks Plunge After Trump Tariffs
Video Credit: Oneindia - Duration: 03:03s - Published
'Oil Over Panic': Saudi Arabia’s Markets Climb Despite Global Stocks Plunge After Trump Tariffs
As global stock markets reel from a historic downturn—fueled by U.S. tariffs and heightened recession fears—Saudi Arabia stands out as an unexpected outlier.
On Monday, the Tadawul All Share Index (TASI) climbed 0.67%, closing at 11,191.20, up from 11,077.19 a day earlier.
The gain comes despite a worldwide stock sell-off triggered by economic uncertainty.
The positive momentum in Saudi markets is being linked to Saudi Aramco’s strategic decision to slash oil prices by $2.30 per barrel, boosting investor confidence and projecting increased global demand for Saudi crude.
#SaudiStockMarket #TASI #OilPrices #SaudiEconomy #GlobalMarkets #StockMarketNews #EtihadEtisalat #Jahez #MarketResilience #USMarketCrash #TrumpTariffs #OPEC #MiddleEastMarkets #EconomicNews #WallStreet
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Four major Arab nations — Saudi Arabia, UAE, Kuwait, and Jordan — have strongly condemned Israel’s military strikes on Iran, labeling them as violations of sovereignty and international law. Riyadh has called for urgent UN Security Council intervention, while the UAE urged maximum restraint. Kuwait and Jordan warned the strikes threaten Middle East stability. All four nations demand immediate global action to prevent the outbreak of a larger regional war, as fears of a wider Islamic world backlash begin to grow.
#ArabWorldCondemnsIsrael #MiddleEastCrisis #IsraelIranConflict #SaudiCondemnsStrikes #UAEPeaceCall #JordanWarning #KuwaitSlamsIsrael #UNSecurityCouncil #WestAsiaTensions #IsraelUnderFire #RegionalStabilityThreat #SovereigntyViolation #UNMustAct #ArabUnity #NoToWar #OperationRisingLionFallout #MiddleEastFlashpoint #IslamicWorldResponse #DiplomacyOverWar #ArabNationsUnite
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UN conference on Palestinian statehood postponed following Israeli strikes on Iran
France and Saudi Arabia were due to co-chair a top-level UN conference on a two-state solution in New York next week, but French President Emmanuel Macron said it has been postponed due to surging tensions in the Middle East.
READ MORE : http://www.euronews.com/2025/06/14/un-conference-on-palestinian-statehood-postponed-following-israeli-strikes-on-iran
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Credit: euronews (in English) Duration: 01:00Published
Israel has eliminated IRGC Aerospace Force Chief Brigadier General Amir Ali Hajizadeh in a precision airstrike on a secret underground command bunker. The Israeli Defense Forces confirmed that over 20 senior Iranian military officials, including commanders of Iran’s drone and air defense units, were also killed in the strike. The targeted facility was reportedly being used to coordinate an imminent large-scale attack on Israel. Hajizadeh, a key architect of Iran’s missile and drone programs, had previously overseen major offensives including the April and October 2024 attacks on Israel and the infamous 2019 drone strike on Saudi oil facilities.
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Three killed in Kharkiv in latest Russian drone attacks on Ukraine
Ukraine's President Volodymyr Zelenskyy has voiced frustration over the lack of response from other countries as Moscow launches nightly attacks across Ukraine.
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Russia launched a shocking midnight drone attack on Kharkiv, unleashing 17 explosive-laden drones that pounded 15 residential apartments, killing 2 civilians and injuring 54 others, including a toddler and a teenager. The city was plunged into chaos as flames ripped through buildings in the Osnovyanskyi district, with local officials describing it as a “massive enemy drone strike.” Ukrainian President Volodymyr Zelensky condemned the attack, calling it a “brutal strike on civilians”
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U.S. Senator Lindsey Graham tore into Russian President Vladimir Putin for backing Iran after Israel's massive retaliatory strikes, calling Moscow's legal advice on warfare "rich even for the Russians." Putin condemned Israel's actions and spoke with both Iran and Israel, pushing diplomacy. Graham accused Russia of invading Ukraine barbarically and warned India and China: keep aiding Putin, and you'll regret it. As explosions shook Tel Aviv and missiles rained down, the geopolitical crisis deepened, with Russia pledging closer contact with both sides amid a regional flashpoint.
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