Middle East Daily

This report covers the impact of ongoing US-Iran peace negotiations on regional energy markets and oil prices. It also highlights macroeconomic trends in Kuwait and the UAE's strategic diversification efforts.

Key Takeaways

• 1.Oil prices have steadied amid progress in US-Iran peace talks and potential for increased Iranian supply.
• 2.Gold prices declined due to persistent inflation concerns and a hawkish Fed policy outlook.
• 3.Kuwait's inflation remains low at 2.5% in May, reflecting a stable macroeconomic environment.

Table of Contents

• COMMODITIES / ENERGY
• MIDDLE EAST – CREDIT TRADING
• MIDDLE EAST – MACRO / MARKETS
• MARKET INDICATORS

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