Saudi Foreign Minister Says We Believe Normalization Of Ties With Israel Would Bring Significant Benefits To All But Without A Pathway To Peace For The Palestinians It Will Have Limited Benefit
Portfolio Pulse from Happy Mohamed
Saudi Foreign Minister states that normalization of ties with Israel could bring significant benefits to all, but without a pathway to peace for Palestinians, it will have limited benefit.
June 08, 2023 | 2:13 pm
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NEUTRAL IMPACT
Normalization of ties between Saudi Arabia and Israel could benefit EIS, but limited impact without peace for Palestinians.
The normalization of ties between Saudi Arabia and Israel could potentially benefit the iShares MSCI Israel ETF (EIS) by opening up new investment opportunities and improving regional stability. However, without a pathway to peace for Palestinians, the impact on EIS may be limited as the overall geopolitical situation remains uncertain.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Normalization of ties between Saudi Arabia and Israel may have limited impact on USO without peace for Palestinians.
The United States Oil Fund (USO) could be indirectly affected by the normalization of ties between Saudi Arabia and Israel, as it may influence oil prices and regional stability. However, without a pathway to peace for Palestinians, the impact on USO may be limited due to the ongoing geopolitical uncertainty in the region.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50