Middle East ETP News
you are currently viewing::Mideast Stocks: Most Gulf bourses ease amid escalating US-Iran hostilitiesSeptember 10, 2026-Dubai's main share index fell 0.2% The decline followed the fiercest maritime confrontation of the six-month conflict, after Iran struck 10 vessels near the Strait of Hormuz in retaliation for the U.S. sinking five Iranian tankers. The attacks prompted U.S. President Donald Trump to caution Tehran with threats of strikes against Iran's Pickaxe Mountain. Source: zawya.com |
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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.
