Fitch Warns Middle East Sovereigns of Credit Risks Amid Short-Term Gulf Conflict
Fitch Ratings says Middle Eastern countries have financial buffers to withstand a brief regional conflict, but prolonged fighting or energy infrastructure damage could threaten credit ratings and impact GCC exports.
Oil Markets Brace for $100 Crude Risk as Iran Threatens Strait of Hormuz Closure
Oil prices face upside risk above $100 per barrel after renewed Iranian threats to close the Strait of Hormuz, with Bloomberg Economics warning of severe supply disruption scenarios ahead of the OPEC+ meeting.
SBP Reserves Edge Up to $16.196bn as Roshan Digital Account Crosses $12bn Mark Amid Oil Supply Risks
Pakistan’s foreign exchange reserves rise to $16.196bn as Roshan Digital Account inflows surpass $12bn, while regional tensions and oil price volatility pose external sector risks.