US President Donald Trump indicated potential progress in negotiations with Iran in the coming days. Economic expert Ahmed Assiri noted markets are refocusing on Iran and the Strait of Hormuz. Gulf markets showed mixed performance, with Saudi Arabia declining and Dubai rising.
At the St. Petersburg Economic Forum, experts discussed challenges for Russian firms in Gulf markets, citing payment transfers as a key obstacle. Success hinges on product quality, after-sales service, and strong local partnerships, with opportunities in food security, agriculture, and cybersecurity.
Australia will import 600,000 barrels of jet fuel from China to boost national reserves amid energy crisis. Meanwhile, the incoming Fed chair faces political pressure to cut rates despite inflation, and Gulf stock markets rallied as tensions with Iran eased.
Aditya Dhar's 'Dhurandhar 2: The Revenge' is on the verge of becoming the second highest-grossing Indian film globally, trailing 'Baahubali 2' by only Rs 7.24 crore on its 42nd day of release.
