'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. br br br #SaudiStockMarket #TASI #OilPrices #SaudiEconomy #GlobalMarkets #StockMarketNews #EtihadEtisalat #Jahez #MarketResilience #USMarketCrash #TrumpTariffs #OPEC #MiddleEastMarkets #EconomicNews #WallStreetbr br Also Readbr br Ukraine President Zelenskyy Meets Saudi Arabian Prince, Discusses Steps To End War With Russia :: br US-Russia Diplomats Convene In Riyadh As Saudi Hosts Meet To End Ukraine War; Kyiv, Europe Sidelined :: br Planning For Hajj 2025? Here’s What You Must Know About New Rules :: br br br ~HT.336~GR.


User: Oneindia

Views: 195

Uploaded: 2025-04-07

Duration: 03:03