Iran Drone Hits Kuwait Offshore Oil Rig | Horizons Middle East & Africa 7/13/2026

ABEER: GOOD MORNING -- REVIVING CONCERNS OF HIGHER INFLATION AND INTEREST RATES. MEANWHILE, CONFUSION BOUNDS AS BOTH SIDES ISSUE CONFLICTING STATEMENTS ABOUT WHETHER THE STRAIT OF HORMUZ IS OPEN OR NOT. SK HYNIX TANKS, DRAGGING THE KOSPI AND BROADER ASIA LOWER AMID PROFIT-TAKING AFTER THE MEMORY CHIP MAKER AND TO SUBMIT TRADING DEBUT.IT HAS GONE 8:00 A. M. IN THE EMIRATES.A LOT TO GET THROUGH TODAY AFTER THE HAPPENINGS OVER THE WEEKEND IN THE MIDDLE EAST BUT BEFORE, LET'S GET INTO A PICTURE OF WHAT EQUITIES ...