Mideast Stocks: Gulf stocks gain on Trump's signal against renewed Iran strikes
you are currently viewing::Mideast Stocks: Gulf stocks gain on Trump's signal against renewed Iran strikesNovember 9, 2026-Saudi Arabia's benchmark index rose 0.1% Trump's remarks came despite reports from both countries that shipping had been attacked in or near the Strait of Hormuz, a vital waterway that carried nearly a fifth of the world's crude before the war. Trump had earlier hinted at renewed attacks after last week's midterm elections, but no large-scale US military operation has followed, and Tehran has warned it would hit US and Israeli targets in response to any such move. Source: zawya.com |
September 24, 2026--Saudi Arabia's benchmark index eased 0.1%
Major Gulf equity markets fell in early trade on Thursday as little progress in US-Iran diplomacy and persistent risks to Strait of Hormuz shipping unsettled investors.