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Most Gulf stocks in red as Trump rebuffs Iran sanctions easing
Most Gulf equity markets closed lower on Wednesday, with little hope of a resolution to the Middle East conflict despite Qatari mediators stepping up efforts after US President Donald Trump denied making any concession to Iran. The Islamic Revolutionary Guard Corps urged American voters to unseat Trump’s congressional allies, coinciding with a celebrated milestone as US forces prepared to vacate their remaining bases in neighboring Iraq. Saudi Arabia’s benchmark index eased 0.1% on Wednesday, hurt by a 0.5% fall in Saudi National Bank, the country’s biggest lender by assets. Energy giant Saudi...
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