#1 out of 8
business1d ago
Gulf markets are splintering as the Iran war continues. Here's what to know
- Gulf markets have diverged sharply since the conflict began, with Oman and Saudi outperforming other indices.
- Oil price volatility and geopolitical turmoil are shaping investor sentiment in the region amid inflation risks.
- Analysts urge caution on risk assets as hopes for de-escalation remain in sight.
- Saudi Aramco’s ability to export oil via pipelines into the Mediterranean supports prices above $80 a barrel.
- Oman is buoyed by a regional safe-haven bid and Vision 2040 reforms reducing oil dependence.
- Dubai’s DFM General Index fell about 16% since March while the UAE market faced real estate and inflation-linked pressures.
- Gulf economies remain dollar-pegged, with inflation risk and gold acting as a mixed safe haven.
- Investors showing interest in Saudi Arabia’s pre-IPO space despite potential vulnerabilities.
- Analysts say de-escalation signs would boost sentiment but full resolution may take longer.
Vote 0







