'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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In an unprecedented move, Israeli Minister Itamar Ben Gvir prayed on the Temple Mount during Tisha B’Av, defying long-held protocols that prohibit overt Jewish prayer at the site. His actions sparked strong condemnation from the Palestinian Authority, Jordan, and Saudi Arabia. Over 1,200 Jewish worshippers visited the contested holy site, intensifying tensions. Critics say this violated the status quo agreement. The Temple Mount, home to Al Aqsa Mosque and the Dome of the Rock, remains a core flashpoint in the Israeli-Palestinian conflict. Netanyahu insists policy “has not changed.”
#BenGvir #TempleMount #TishaBAv #AlAqsa #IsraelPolitics #MiddleEast #Jerusalem #StatusQuo #HolySite #ReligiousTensions #IsraeliPalestinianConflict #Netanyahu #PA #SaudiArabia #Jordan #AlAqsaMosque #DomeOfTheRock #JewishPrayer #BreakingNews #FarRightPolitics #InternationalCondemnation #AFPFootage #TempleMountVisit #ReligiousFlashpoint #MiddleEastNews #JerusalemConflict #HolySiteTensions #WorshipRights #GeoPolitics #ConflictZone
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A terrifying incident unfolded at a Saudi amusement park when a high-speed ride snapped into two pieces mid-air, sending passengers crashing down in a horrifying scene caught on video. The shocking malfunction left at least 23 people injured, several critically, triggering widespread panic among onlookers. Authorities have launched an investigation into the safety lapses that led to the accident. This incident has reignited serious concerns about ride maintenance and oversight in amusement parks across the region.
#TaifAmusementPark #AmusementParkAccident #ThemeParkDisaster #AmusementRideCollapse #SaudiArabiaNews #AmusementParkSafety #TaifAccident #ThemeParkHorror #RideMalfunction #AmusementParkInjuries #SaudiRideCollapse #ThemeParkIncident #AmusementRideFailure #MiddleEastNews #AmusementParkAlert #MechanicalFailure #ThemeParkSafetyCrisis #SaudiThemePark #RideAccidentNews #ParkSafetyConcerns
France and Saudi Arabia are spearheading a new diplomatic push for Palestinian statehood, co-hosting a UN summit on July 28 in New York. President Macron announced France will officially recognize Palestine in September, a move hailed as “game-changing.” Dozens of nations are expected to attend, though Israel and the U.S. will boycott. European momentum for recognition is building amid Gaza war fatigue. Analysts see the conference as a major challenge to Israeli annexation efforts and U.S.-led diplomacy.
#PalestineStatehood #TwoStateSolution #Macron #Trump #Netanyahu #SaudiArabia #MohammedBinSalman #MBS #SaudiDiplomacy #UNSummit #MiddleEastPeace #FrancePalestine #GazaCrisis #ParisRiyadhInitiative #PalestinianRecognition #IsraelPalestine #UNDiplomacy #PeaceTalks #KeirStarmer #GlobalDiplomacy #GameChanger #PalestineAtUN #MiddleEastUpdate #MacronSpeech #EuropeanShift
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In a dramatic global twist, Russia has declared full support for Palestinian statehood, with Kremlin spokesman Dmitry Peskov reaffirming Moscow's long-standing commitment to a two-state solution. The statement comes on the heels of French President Emmanuel Macron’s bombshell announcement that France will recognize Palestine at the upcoming UN General Assembly in September — making it the first major Western power to do so. Russia, which adopted Palestine’s 1988 declaration of independence under the USSR, insists that peace in the Middle East hinges on UN Security Council resolutions and the establishment of a sovereign Palestinian state. Macron’s decision has enraged Israel and the U.S., with Netanyahu calling it a “reward for terror” and Secretary of State Marco Rubio labeling it “reckless.” Meanwhile, Saudi Arabia and Spain have praised the move, calling it “historic.” Over 59,000 Palestinians have died in the ongoing Gaza war, intensifying the global demand for Palestinian recognition.
#Russia #Palestine #Israel #France #Macron #UN #TwoStateSolution #MiddleEastConflict #Kremlin #PalestinianStatehood #GazaWar #Netanyahu #MarcoRubio #USIsraelTensions #UNRecognition #WorldNews #GlobalDiplomacy #EastJerusalem #WestBank #PalestineRecognition
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#TrumpPutinAlaskaMeeting #PutinTrumpAlaskaSummit #TrumpPutinTalks #TrumpPutinAlaska #PutinTrumpMeeting #AlaskaMeetingNews #TrumpPutinSummit #PutinAlaskaVisit #TrumpPutinInAlaska #TrumpPutinDiplomacy #PutinTrumpAlaska #TrumpPutinMeeting2025 #TrumpPutinWorldNews #PutinTrumpTalks #TrumpPutinBreakingNews #ZelenskyWarnsTrump
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