Economy & Trade
The repercussions of US tariffs on Gulf markets
Gulf financial markets have plunged sharply due to escalating US-led tariffs, sparking global economic uncertainty and driving oil prices to four-year lows. The UAE and Saudi Arabia were hit hardest, with market indices falling significantly amid investor panic and risk aversion. Experts warn that recovery will be slow and uncertain without a shift in US trade policy or global economic stability. This crisis underscores the deep interconnectedness of Gulf economies with international markets and the far-reaching impact of protectionist trade moves
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