Gulf markets climb despite Iran impasse and Hormuz disruption
The National · 16 Aug 2026

Gulf markets climb despite Iran impasse and Hormuz disruption

Most Gulf stock markets advanced on Sunday, with Saudi Arabia leading gains despite a lack of progress in efforts to end the Iran conflict and continuing disruption to shipping in the Strait of Hormuz. Saudi Arabia’s Tadawul All Share Index rose 0.9 per cent to close at 10,920, supported by gains in


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