'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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After a deadly attack in Kashmir that killed 26 people, China has urged India and Pakistan to show restraint and seek peaceful resolution. Chinese Foreign Minister Wang Yi stressed that conflict benefits no one, offering Beijing's support for de-escalation. Iran and Saudi Arabia have also stepped in, offering to mediate between the two rivals. As hostilities rise, India has expelled diplomats, suspended treaties, and closed borders, while Pakistan retaliated with its own measures. Global concern is growing over the threat of escalating conflict in South Asia.
#IndiaPakistan #ChinaMediation #KashmirAttack #SouthAsiaTensions #BeijingDiplomacy #IndiaNews #PakistanNews #ChinaNews #KashmirCrisis #Modi #WangYi #KhawajaAsif #Jaishankar #DiplomaticCrisis #IndusWaterTreaty #SouthAsiaConflict #IranMediation #SaudiArabia #GlobalTensions #BreakingNews
A massive explosion at Iran’s Shahid Rajaee Port has triggered a devastating fire, putting the entire strategic facility at risk. The death toll has climbed to 14, with over 750 injured, as firefighters battle to control the inferno. Officials warn of dangerous chemical leaks contaminating the air, prompting a public health emergency in Bandar Abbas. Global leaders, including Russia and Saudi Arabia, have offered aid. Investigations are ongoing, with poor chemical storage suspected, but sabotage fears loom large. The situation remains volatile as night falls over the blazing port.
#IranBlast #BandarAbbas #IranPortExplosion #ShahidRajaee #ChemicalExplosion #IranNews #MiddleEast #BreakingNews #PortFire #Disaster #GlobalNews #StraitOfHormuz #IranEmergency #IranDisaster #BandarAbbasExplosion #PortAtRisk #WorldNews #ChemicalDisaster #DeadlyExplosion #FireOutOfControl
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Following the deadly Pahalgam terror attack, Iran has offered to mediate between India and Pakistan to de-escalate tensions. Saudi Arabia's foreign minister also.. IndiaTimes
India is intensifying diplomatic pressure on Pakistan following the Pahalgam attack, seeking international support to address cross-border terrorism. Numerous.. IndiaTimes
India and Saudi Arabia convened the inaugural Army-to-Army Staff Talks in New Delhi, solidifying defense cooperation through the Annual Defence Cooperation Plan... IndiaTimes
US President Donald Trump made waves on April 27, claiming that Ukrainian President Volodymyr Zelensky is ready to give up Crimea, a statement that contradicts Ukraine’s position on the Russian-occupied territory. This came after their first in-person meeting at the Vatican following a tense argument in the Oval Office in February. Trump also discussed China tariffs and the controversial death of Jeffrey Epstein accuser Virginia Giuffre, making it a loaded press interaction that further fuels international tensions.
#Trump #Zelensky #Crimea #Ukraine #Russia #USPolitics #TrumpComments #Diplomacy #UkraineRussiaConflict #USForeignPolicy #PopeFrancisFuneral #Morristown #RussiaOccupation #ChinaTariffs #JeffreyEpstein #US2025Election #BidenVsTrump #UkraineTerritorialLoss #Putin #ZelenskyReady
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US President Donald Trump has pledged to remain engaged in the Ukraine peace process, according to Estonian President Alar Karis. During a conversation at Pope Francis' funeral, Trump told Karis that a deal between Kyiv and Moscow was "quite close." Trump also met with Ukrainian President Zelensky shortly before the funeral. The talks were focused on ensuring continued transatlantic relations and the need for further engagement in resolving the conflict. Meanwhile, Trump expressed frustration over Russia’s missile attacks on Ukrainian cities, calling them unjustified.
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Russia says it has reclaimed Kursk region, while Ukraine says fighting continues
The news comes as US President Donald Trump and Ukrainian President Volodymyr Zelenskyy met in Vatican City on the sidelines of the pope's funeral to discuss a potential ceasefire deal.
READ MORE : http://www.euronews.com/2025/04/26/russia-says-it-has-reclaimed-kursk-region-while-ukraine-says-fighting-continues
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Credit: euronews (in English) Duration: 01:00Published
Kemi Badenoch said she is pleased to see "positive signals" between US President Donald Trump and Volodymyr Zelenskyy after the pair met in Rome on Saturday. The Opposition leader said: "The fact that President Trump made the statements that he did yesterday, seeing him with President Zelensky in the Vatican is actually really heartening. And I hope that this is the sign of the situation improving."
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Trump doubts Putin is willing to end Ukraine war after meeting Zelenskyy at Pope's funeral
As Trump departed the Pope's funeral, the US president, on social media, expressed new scepticism that a peace deal can be reached soon, saying, “There was no reason for Putin to be shooting missiles into civilian areas, cities, and towns over the last few days."
READ MORE : http://www.euronews.com/2025/04/26/trump-doubts-putin-is-willing-to-end-ukraine-war-after-meeting-zelenskyy-at-popes-funeral
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Credit: euronews (in English) Duration: 01:16Published
Sir Keir Starmer says talks on a potential ceasefire in Ukraine are "not at the end of the process" and any ceasefire has “got to be lasting, because I don’t trust Putin”. Asked about the suggestion the US could recognise Russia's annexation of Crimea; the prime minister tells broadcasters: "Ultimately that is a matter for the Ukrainians”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Kremlin announces Ukraine ceasefire to coincide with World War II 'Victory Day'
Russian President Vladimir Putin has ordered the full cessation of hostilities on “humanitarian grounds” for Victory Day, which is marked on 9 May, according to the Kremlin.
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Credit: euronews (in English) Duration: 01:14Published
In this latest update, Kremlin spokesman Dmitry Peskov slams Ukraine for showing no sign of readiness to engage in direct negotiations with Russia. Despite Moscow’s openness to peace talks, Ukrainian President Zelensky maintains a strict ban on any negotiations with Vladimir Putin—a move he implemented in October 2022 to stop separatism and control backchannel talks. Peskov insists that Ukraine must act, especially in light of its legal ban on direct talks.
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In a stunning and unexpected move, Russian President Vladimir Putin has announced a unilateral three-day ceasefire in the ongoing war in Ukraine, set to take place from May 8 to May 10, 2025. This marks the first major shift in Russia’s approach to peace talks, as the Kremlin says it is now open to “unconditional” one-on-one negotiations. However, Ukraine remains firm, having passed a law prohibiting direct talks with Putin following Russia’s 2022 annexation of four Ukrainian regions.
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Russian President Vladimir Putin has publicly thanked North Korean troops for their role in repelling a Ukrainian incursion into Russia’s Kursk Region. For the first time, Moscow acknowledged North Korean military participation in the Ukraine conflict. Pyongyang called the operation a defense against "neo-Nazi forces," as part of a bilateral treaty with Russia. Putin promised that fallen North Korean fighters will be honored equally with Russian soldiers. The development comes amid rising tensions and shifting alliances in the ongoing Ukraine war.
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