“Reimposed public well being measures in a variety of nations represent a warning that draw back impacts on demand aren’t fully behind us,” Michael Hsueh, a strategist at Deutsche Financial institution AG, mentioned in a word. “Nonetheless, it’s precisely this threat that
Saudi Arabia has seen match to protect towards,” with the introduced cuts serving as “an insurance coverage coverage towards inevitable demand weak spot, shopping for time for world vaccination applications to take impact by the tip of the 12 months.”

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