Capital Market Expert: Oil's Impact on Iran's Stock Market Has Declined

A capital market expert, citing weaker correlation between global oil prices and Iran's stock market, said that while the market has traditionally been shaped by commodity-based companies, with refining and upstream energy firms still affected by oil prices, factors such as the exchange rate, inflation, and economic expectations now play a major role in stock fluctuations.

A capital market expert, referring to the decrease in correlation between the global oil price and the trend of the Iranian stock market, said: Although the Iranian capital market has traditionally been affected by commodity-oriented companies, and refining companies and upstream energy industries are also affected by oil price changes, factors such as exchange rates, inflation and economic expectations also play an important role in stock market fluctuations.