Gulf stock markets saw declines on Sunday due to rising regional tensions and fears of a broader conflict. Investor sentiment was negatively impacted by ongoing geopolitical uncertainty.
Markets in Qatar, Kuwait, and Bahrain dropped, while Saudi Arabia posted relatively positive performance.
Reports confirmed that Saudi Arabia’s East-West pipeline is running at full capacity to avoid supply disruptions.
Oil prices increased, with Brent crude exceeding $112 per barrel amid continued concerns over the conflict.
