Saudi stocks extended Monday's sharp losses as attacks on the kingdom's energy
infrastructure and shipping hit sentiment. The benchmark index fell as much as
0.3%; ARAMCO shares slipped about 0.5%. A drone strike temporarily halted flows
on the East–West pipeline — a key Strait of Hormuz bypass that carries roughly
4% of global oil — and sources said prolonged transport disruption could leave
Yanbu inventories covering only 5–7 days of exports. Reports of Houthi strikes
in southern Saudi Arabia and renewed attacks on vessels near the Strait of
Hormuz further escalated tensions. Iran's foreign ministry said Saudi Arabia has
asked to postpone a planned Iran–Gulf states meeting in Oman.
