Wednesday 9 May 2018

MIDEAST STOCKS- Gulf markets in mixed reaction to Trump decision | Reuters

MIDEAST STOCKS- Gulf markets in mixed reaction to Trump decision | Reuters:

"Gulf markets had a mixed reaction in early trade on Wednesday after U.S. President Donald Trump announced the United States would withdraw from the 2015 Iran nuclear deal. Trump’s decision raised the risk of conflict in the Middle East and has cast uncertainty over global oil supplies. Oil prices pushed higher in early trading on Wednesday as the U.S. move may curb crude exports by OPEC member Tehran in an already tight market."



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