UK PM Starmer says the government is working with the defence industry to distribute air defence missiles to Gulf partners and deploy short range air defence systems to Bahrain

UK PM Starmer's announcement about collaborating with the defense industry to bolster air defense capabilities for Gulf partners indicates a strengthening of defense ties in a geopolitically sensitive region. This move could shift market focus towards defense equities and impact oil prices if it heightens tensions in the area or signals increased military readiness.