Saudi Arabia's geopolitical picture stays tense, with the Strait of Hormuz still closed after a rejected Iran proposal and Riyadh insisting the waterway return to pre-war condition
Saudi Arabia's geopolitical picture stays tense, with the Strait of Hormuz still closed after a rejected Iran proposal and Riyadh insisting the waterway return to pre-war conditions, keeping war risk on oil corridors in focus. On the domestic side, the tone is steadier, with continued investment growth and a sharp jump in the trade surplus with Gulf neighbors during August. The market pulse remains a balance between external geopolitical strain and resilient regional economic fundamentals.
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