Mideast Stocks: Most Gulf markets rise as oil gains amid Iran war jitters

Mideast Stocks: Most Gulf markets rise as oil gains amid Iran war jitters Mideast Stocks: Most Gulf markets rise as oil gains amid Iran war jitters

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Mideast Stocks: Most Gulf markets rise as oil gains amid Iran war jitters

August 20, 2026-Dubai's benchmark index rebounded 0.4%
Most Gulf stock markets were higher in early trading on Thursday, as firmer oil prices provided support even as uncertainty over U.S.-Iran peace talks continued to weigh on sentiment. Oil prices, a key driver for Gulf equities, rose 1.5%, with Brent crude trading at $92.90 a barrel by 0632 GMT.

Both Brent and WTI crude futures benchmarks gained for a fifth straight session, having settled on Wednesday at their highest since July 24.

Source: zawya.com

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