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'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

'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 Also Read Ukraine President Zelenskyy Meets Saudi Arabian Prince, Discusses Steps To End War With Russia :: https://www.oneindia.com/international/ukraine-president-zelenskyy-meets-saudi-arabian-prince-discusses-steps-to-end-war-with-russia-4092027.html?ref=DMDesc US-Russia Diplomats Convene In Riyadh As Saudi Hosts Meet To End Ukraine War; Kyiv, Europe Sidelined :: https://www.oneindia.com/international/us-russia-diplomats-convene-in-riyadh-as-saudi-hosts-meet-to-end-ukraine-war-kyiv-europe-sidelined-4074097.html?ref=DMDesc Planning For Hajj 2025?

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Credit: Oneindia    Duration: 03:32Published
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Credit: Oneindia    Duration: 03:20Published

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Credit: Oneindia    Duration: 03:14Published

Volodymyr Zelenskyy Volodymyr Zelenskyy President of Ukraine since 2019

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Credit: Oneindia    Duration: 07:24Published
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Credit: euronews (in English)    Duration: 01:19Published

Ukraine Ukraine Country in Eastern Europe

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Credit: euronews (in English)    Duration: 01:06Published
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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. #RussiaUkraineWar #Putin #BreakingNews #UkraineWar #DroneAttack #Trump #Kremenchuk #OneindiaNews #WorldNews #LatestNews #RussiaUkraineWar #RussiaUkraineWarLive #RussiaUkraineNews #UkraineWar #RussianUkraineWar #RussiaVsUkraine Also Read Ukraine Confirms F-16 Loss, Pilot Killed While Intercepting Russian Missiles And Drones :: https://www.oneindia.com/international/ukraine-confirms-f-16-loss-pilot-killed-while-intercepting-russian-missiles-and-drones-7786265.html?ref=DMDesc Russia Unleashes Record Overnight Drone Attack On Ukraine Amid Peace Talks :: https://www.oneindia.com/international/russia-unleashes-record-overnight-drone-attack-on-ukraine-amid-peace-talks-4176255.html?ref=DMDesc Ukrainian Ex-DJ Named As Alleged 'Mastermind' Of Russia Airbase Drone Attacks :: https://www.oneindia.com/international/ukrainian-ex-dj-named-as-alleged-mastermind-of-russia-airbase-drone-attacks-4171927.html?ref=DMDesc ~ED.102~HT.408~GR.124~

Credit: Oneindia    Duration: 03:37Published
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Credit: Oneindia    Duration: 03:28Published

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