COLUMN-Fear sends equity and commodity prices tumbling in 2018: Kemp | Reuters:
The Middle East became less rather than more stable in 2018, with an intensifying dispute between Saudi Arabia and Iran, tensions between Qatar and its neighbours, and the ongoing war in Yemen.
The U.S. withdrew from the Iran nuclear deal and re-imposed sweeping sanctions on the country, ratcheting up tensions and leaving the future of the accord unclear.
Previous optimism about Saudi Arabia’s modernisation programme was quashed by concerns about the country’s leadership following the detention of domestic critics and the killing of journalist Jamal Khashoggi.
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