MUFG logo
MUFG

June 30, 2026

Middle East Daily

Daily UpdateCommoditiesRates CreditMacro Economic IndicatorsEnergyFinancials

The Middle East Daily report highlights a decline in energy prices as geopolitical tensions in the Strait of Hormuz subside. Meanwhile, Egypt secures new IMF funding and Morocco posts resilient Q1 growth figures.

Key Takeaways

  • 1.Oil prices are experiencing their sharpest quarterly decline since 2020 due to eased supply concerns in the Strait of Hormuz.
  • 2.Egypt has reached a staff-level agreement with the IMF for USD1.6bn in additional financing.
  • 3.Morocco's economy grew by 4.6% y/y in Q1 2026, driven by a rebound in agriculture.

Table of Contents

  • COMMODITIES / ENERGY
  • MOROCCO'S Q1 GROWTH REMAINS RESILIENT
  • MIDDLE EAST – CREDIT TRADING
  • MIDDLE EAST – MACRO / MARKETS
  • CALENDAR – DATA / EVENTS / MEETINGS
  • MARKET INDICATORS

Document Preview

Page 1 of 5
Page 1 of Middle East Daily
Subscribe for full access

Access the Full Report

Get unlimited access to institutional research reports with a 14-day free trial.

Authors

Soojin Kim

Securities

Brent Crude

Themes

Commodity Price CorrectionGeopolitical De-escalationStructural Economic Reform

Regions

Middle EastEgyptMoroccoUnited States