Gulf Markets Split as Ras Tanura Strike Rattles Regional Investors
📉 GULF — Ras Tanura hit and markets still aren't pricing the worst case. 📌 LOOK CLOSER: Mixed equities — not a rout — after a strike on the world's largest oil terminal signals investors still discount full escalation. With November 3 six days out, that bet is increasingly exposed. Saudi sovereign funds absorbing local sell pressure masks true risk. If Epic Fury launches post-midterm, the repricing will be sudden, not gradual.
