Saudi Arabia Vs UAE

Saudi Arabia Vs UAE By Benjamin Picton, Senior Market Strategist at Rabobank The Little Red Hen Markets are bulled-up this morning on prospects for peace in the Iran war. The S&P500 and NASDAQ closed at fresh all-time highs and Brent crude prices closed 7.8% lower at $101.27/bbl. While some analysts are understandably wary of another Axios report touting progress in Middle East relations (and therefore lower oil prices!), markets are clearly not in a mood to look a gift horse in...

By Tyler Durden