EZB8RISK / Market Briefing

Saudi shares sit in a familiar holding pattern, with oil prices barely moving as traders weigh US-Iran tensions against Gulf supply risks. The budget projections showing spending w

Saudi shares sit in a familiar holding pattern, with oil prices barely moving as traders weigh US-Iran tensions against Gulf supply risks. The budget projections showing spending well above revenue underline the fiscal balancing act, while Red Sea shipping disruption keeps pressure on the petrochemical recovery story. International financial firms expanding their Riyadh presence offers a quiet vote of confidence in the market's long-term direction even as geopolitical headlines dominate the tape.

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