US-Venezuela conflict: Saudi Arabia’s stock market slumped for the third day in a row on Tuesday, January 6, as investors weighed the impact on oil prices amid heightened geopolitical risks.
Oil prices fell back after ending higher in volatile trade on Monday following the capture by US forces of Venezuelan President Nicolas Maduro in a weekend raid.
Analysts largely have a bearish outlook for crude oil prices in 2026 amid growing supply and weak demand.
