'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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Rising tensions in the Gulf have prompted Saudi Arabia to urgently deploy its US-made THAAD (Terminal High Altitude Area Defense) air defense system amid fresh Iranian threats of missile attacks. Intelligence reports warn that Iran could target critical Saudi infrastructure and American military assets in the region. The deployment underscores deepening security cooperation between Washington and Riyadh, even as US officials privately admit concern about Iran’s expanding missile capabilities.
#THAADMissileSystem #SaudiArabiaDefense #USTHAADSystem #THAADInSaudi #MissileDefenseSystem #THAADDeployment #AntiMissileSystem #IranMissileThreat #THAADVsIran #SaudiUSDefense #THAADMissileDefense #MissileDefenceShield #THAADInAction #GulfSecurity #USMissileSystem #MiddleEastTensions #THAADProtection #IranVsSaudi #THAADShield #MissileDefenseTechnology
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In a striking display of diplomatic unity, Saudi Foreign Minister Faisal bin Farhan declared that Riyadh welcomes Russia’s role in Middle Eastern affairs during a high-profile press conference with Russian FM Sergey Lavrov in Moscow. The comment signals a major shift in Gulf geopolitics, showing Saudi Arabia's increasing tilt toward Moscow as regional dynamics evolve. Lavrov and Farhan met at the Russian MFA Reception House, emphasizing cooperation on regional security, energy, and investment. Farhan praised Russia’s involvement as “always welcome,” underlining a growing partnership despite global Western efforts to isolate Moscow. The press conference further confirms Russia's expanding clout in the Gulf as the Kremlin strengthens alliances outside the West. The talks come amid heightened tensions in the region, and suggest Saudi Arabia is now playing a more independent, multi-vector diplomatic game — balancing its ties between Washington, Moscow, and Beijing.
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The sports investment arm of Saudi Arabia's sovereign wealth fund is buying a stake in the body which organises professional triathlons around the world. Sky News
A global wave of condemnation is rising after the U.S. launched strikes on Iranian nuclear sites, sparking fears of a wider war. Nations including Pakistan, Iraq, Venezuela, Cuba, Saudi Arabia, and Oman condemned the move, calling it a violation of international law. UN Chief Antonio Guterres warned of “catastrophic consequences,” urging diplomacy over force. As international pressure mounts on Washington and Israel, Iran gains growing diplomatic support, shifting the global narrative. A call for de-escalation echoes worldwide as the Middle East teeters on the brink.
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The Russia-Ukraine war has entered a brutal new phase. In July 2025, Russia unleashed its largest-ever aerial assault on Kyiv, a sign of its growing dominance on the battlefield. But how did we get here? This in-depth report from Oneindia News examines the seismic shifts that have given Vladimir Putin the upper hand after years of stalemate.
The primary catalyst was the 2024 U.S. election and the return of Donald Trump. We analyze how Trump's "America First" policy led to a complete halt in military aid to Ukraine, a stark contrast to the billions pumped in under the Joe Biden administration. From Trump's vow to end the war in "24 hours" to backchannel talks with Moscow, his actions effectively isolated Kyiv and gave Russia a green light to escalate its offensive.
Beyond the White House, Russia itself has adapted. Learning from early failures, Moscow embraced a brutal war of attrition, bolstered by massive support from allies like North Korea and Iran, and an economic lifeline from China. With 450,000 new recruits in 2024, Russia’s overwhelming manpower is crushing Ukrainian defenses. Meanwhile, Ukraine is facing a catastrophic crisis of its own. With its military stretched thin, a severe shortage of soldiers and ammunition, and war fatigue setting in, the nation's survival hangs in the balance. Despite innovative tactics like the "Operation Spider's Web" drone strikes, can President Zelenskyy's forces survive without robust Western support?
This video explains the intricate web of geopolitics, military strategy, and leadership changes that define the current state of the war. As Russia pushes forward, we ask the critical question: Is Ukraine's defeat now inevitable?
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In a fiery declaration, U.S. Congresswoman Anna Paulina Luna has vowed to block all future weapons funding for Ukraine over what she calls the persecution of the Ukrainian Orthodox Church. Citing President Zelensky’s crackdown on the nation’s largest Christian denomination, Luna, a member of the House Foreign Affairs Committee, accused Ukraine of violating religious freedoms and warned that the U.S. is "not your piggy bank." Her post comes amid growing criticism in the U.S. of how billions in aid to Ukraine are being used, especially under Trump’s renewed “America First” policy. The issue has gained little attention in U.S. politics, but high-profile voices like Tucker Carlson have echoed similar concerns. The controversy deepens as Zelensky strips top clergy of citizenship and pushes legislation targeting churches with links to Russia. Is Washington finally rethinking its blind support for Kiev?
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Ukraine says it struck a Russian airbase as Moscow steps up bombing campaign on Ukraine
The fresh wave of attacks came after Ukrainian President Volodymyr Zelenskyy said Friday that he had a “very important and productive” phone call with US President Donald Trump.
READ MORE : http://www.euronews.com/2025/07/05/ukraine-says-it-struck-a-russian-airbase-as-moscow-steps-up-bombing-campaign-on-ukraine
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Credit: euronews (in English) Duration: 01:06Published
Trump has stunned observers by privately telling Ukrainian President Volodymyr Zelensky that he wants to help Ukraine, despite recently pushing for the U.S. to freeze critical weapons deliveries. The contradictory moves have fueled speculation that Trump is leveraging military aid to gain influence over both Kyiv and Moscow ahead of the U.S. election. While Trump publicly blames Zelensky for prolonging the war, sources say he has quietly assured the Ukrainian leader of potential support if certain “conditions” are met.
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Zelenskyy and Trump agree on joint defence efforts in 'fruitful' phone call
The talk comes a day after Trump and Russian President Vladimir Putin discussed Ukraine, Iran and other issues in a call the Kremlin described as "frank and constructive".
READ MORE : http://www.euronews.com/2025/07/04/zelenskyy-and-trump-agree-on-joint-defence-efforts-in-fruitful-phone-call
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Credit: euronews (in English) Duration: 01:19Published
At least five people killed in Russian attacks on Ukraine's Donetsk and Kherson regions
Russian military reportedly targeted residential areas and social and key infrastructure in several oblast communities, according to the Ukrainian authorities.
READ MORE : http://www.euronews.com/2025/07/06/at-least-five-people-killed-in-russian-attacks-on-ukraines-donetsk-and-kherson-regions
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Credit: euronews (in English) Duration: 01:06Published
On July 6, Russian forces launched a calculated drone strike on a military enlistment and recruitment office in Kremenchuk, located in Ukraine's Poltava region. This attack came just hours after Russia conducted one of its largest aerial assaults on Ukraine, involving 157 drones and four S-300 missiles that targeted key regions including Kharkiv, Kherson, Zaporizhzhia, and Kyiv, causing significant damage and casualties.
Ukraine's Ground Forces have confirmed that the UAV strike in Kremenchuk hit the recruitment center and also damaged a nearby residential building. While no casualties were reported among military staff or civilians at the enlistment facility, the attack caused a fire at a private property and forced the closure of a major road in the city's central district, disrupting civilian life.
This military escalation occurs amidst a complex geopolitical backdrop. A recent phone call between Russian President Vladimir Putin and former U.S. President Donald Trump failed to secure a ceasefire. Reports suggest that Putin, believing he has the upper hand in the conflict, is unwilling to halt the offensive and "throw away his lead."
With the date for any further peace talks still undecided, Russia continues its relentless campaign, pounding Ukrainian cities with a massive barrage of missiles and drones. This latest attack on a recruitment center signals a strategic shift to Cripple Ukraine's ability to reinforce its front lines. Stay tuned to Oneindia News for the latest updates on the Russia-Ukraine conflict.
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US President Donald Trump has described Russian President Vladimir Putin as “a professional” who has effectively handled Western sanctions amid the ongoing Ukraine conflict. The remarks followed a one-hour phone call between the two leaders where Trump pressed Putin on ending the war. While acknowledging Moscow’s resilience, Trump hinted that tougher sanctions may be on the way if the conflict continues.
The Kremlin reaffirmed its stance, insisting it would not back down from core goals. Meanwhile, a bipartisan bill in the US Senate proposes a staggering 500% tariff on imports from nations buying Russian energy, escalating the economic pressure. Kremlin spokesman Dmitry Peskov dismissed the bill’s backer, Senator Lindsey Graham, as a “Russophobe,” while reiterating Russia’s view that sanctions are illegal and counterproductive. Despite mounting restrictions since 2014, Russia claims its economy has adjusted and domestic industries have strengthened. The geopolitical standoff shows no signs of cooling.
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