Dossier
Gulf companies
Coverage of Gulf companies in the Nexus archive.
- Corporate earnings to reveal uneven war impact
Second-quarter earnings will highlight the Iran conflict's uneven impact on corporations. US oil majors and refiners are projected to see record profits from higher crude prices, while Gulf companies face mixed results with energy firms gaining but airlines, retailers, banks, and real estate companies struggling due to disrupted shipping and weakened tourism and consumer demand. The US-Iran ceasefire's instability keeps regional risk premiums elevated.