Iran & S&P Global Ratings

Iran: Iran is the target of US strikes and has blockaded the Strait of Hormuz, causing global economic disruption. Its infrastructure and economy are under severe strain.

S&P Global Ratings: S&P noted risks to Gulf banks and real estate from war.

Iran: The war involving United States>>>, Israel>>>, and Iran>>> has caused a global energy shock, contributing to external pressure on Indonesia>>>'s economy.

S&P Global Ratings: S&P Global Ratings>>> has stated its rating for Indonesia>>> will depend on efforts to improve fiscal buffers.

Iran: Iran's ceasefire agreement with the United States has led to a de-escalation of Middle East tensions and a decline in global crude oil prices, impacting the cost of petroleum products worldwide, including Nigeria.

S&P Global Ratings: S&P Global Ratings upgraded Nigeria's sovereign credit rating, citing factors like improved economic performance and increased domestic refining capacity, which the Dangote Petroleum Refinery highlighted as a result of its operations.