SPGI · Earnings call · 2026Q3T · Full report

Middle East Customer Stabilization

S&P Global Inc. · 2026-10-27 · Importance 25 · Surprise 32

Management said Energy customers affected in the Middle East had begun to stabilize and adapt to the operating environment. This was reflected in accelerating organic growth, rising sales, and solid global trading services volumes. The CEO also reported that Energy renewals had returned to levels seen before the Iran conflict. The commentary indicates improving customer activity in the region, while management noted that near-term conditions remained uncertain.

Key facts

• S&P Global’s global trading services business stabilized in the third quarter of 2026, and renewals were returning to pre-Iran-conflict levels.
• S&P Global reported that impacted Middle East customers had begun to stabilize and adapt to the current landscape in the third quarter of 2026.