Gulf bourses slide as Hormuz tensions and houthi strikes rattle traders
Most Gulf bourses closed lower on Sunday, with traders weighing the disruption in the Strait of Hormuz alongside Houthi attacks on Saudi Arabia. The Iranian navy has confirmed that a Saturday mine strike in the Strait of Hormuz set three oil tankers ablaze, state media reported. Saudi Arabia’s benchmark index dropped 0.7%, with the country’s biggest lender by assets Saudi National Bank losing…
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Gulf bourses slide as Hormuz tensions and houthi strikes rattle traders (opens Business Recorder in a new tab)
Most Gulf bourses closed lower on Sunday, with traders weighing the disruption in the Strait of Hormuz alongside Houthi attacks on Saudi Arabia. The Iranian navy has confirmed that a Saturday mine strike in the Strait of Hormuz set three oil tankers ablaze,…
