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Most Gulf markets slip as geopolitical risks weigh
Most Gulf stock markets closed lower on Tuesday as investors balanced geopolitical risks tied to US-Iran talks and ongoing Strait of Hormuz disruptions against easing oil supply concerns and stronger risk sentiment. In Qatar, the index fell 0.3%, dragged down by a 0.9% decline in Gulf lender Qatar National Bank . Abu Dhabi’s index slipped 0.1%, while Dubai’s main share index ended flat. Sentiment was supported in part by data showing Gulf oil flows excluding Iran rose in September to more than 81% of pre-war levels, led by a recovery in Saudi exports. The rebound came despite attacks on the ki...
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