UAE Capital Market Authority Orders Exchange Closures as Missile Strikes Threaten Gulf Financial Stability

TLDR: UAE regulators shut both exchanges for two days to prevent panic selling after missile and drone strikes. The Abu Dhabi Securities Exchange holds roughly $700 billion in market cap, putting billions at risk of loss. Polymarket puts the probability of a Strait of Hormuz closure at 48.5%, threatening global oil and LNG supply. War-risk [...]

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