Carnage in global markets as recession fears mount

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 Also Read Ukraine President Zelenskyy Meets Saudi Arabian Prince, Discusses Steps To End War With Russia :: https://www.oneindia.com/international/ukraine-president-zelenskyy-meets-saudi-arabian-prince-discusses-steps-to-end-war-with-russia-4092027.html?ref=DMDesc US-Russia Diplomats Convene In Riyadh As Saudi Hosts Meet To End Ukraine War; Kyiv, Europe Sidelined :: https://www.oneindia.com/international/us-russia-diplomats-convene-in-riyadh-as-saudi-hosts-meet-to-end-ukraine-war-kyiv-europe-sidelined-4074097.html?ref=DMDesc Planning For Hajj 2025? Here’s What You Must Know About New Rules :: https://www.oneindia.com/international/planning-for-hajj-2025-here-s-what-you-must-know-about-new-rules-4067375.html?ref=DMDesc ~HT.336~GR.344~

Donald Trump's new "reciprocal" tariffs, now at 104% on Chinese goods, have triggered a global trade war, disrupting markets and sparking recession fears. This...

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