Early Tuesday, Gulf equities were mixed. Iran said talks with Saudi Arabia continue, but a US strike on Iran’s Qeshm Island in the Strait of Hormuz heightened escalation concerns in the eight‑month conflict. Saudi benchmark fell 0.2%, weighed by Al Rajhi Bank down 0.4%; ARAMCO, despite reporting a sharp rise in Q3 profit, slipped 0.2%. Qatar’s benchmark dropped 1.0%, with most components lower and Qatar National Bank (QNB), the Gulf’s largest lender, down 1.3%. Dubai’s main index rose 0.6%, led

Early Tuesday, Gulf equities were mixed. Iran said talks with Saudi Arabia continue, but a US strike on Iran’s Qeshm Island in the Strait of Hormuz heightened escalation concerns in the eight‑month conflict. Saudi benchmark fell 0.2%, weighed by Al Rajhi Bank down 0.4%; ARAMCO, despite reporting a sharp rise in Q3 profit, slipped 0.2%. Qatar’s benchmark dropped 1.0%, with most components lower and Qatar National Bank (QNB), the Gulf’s largest lender, down 1.3%. Dubai’s main index rose 0.6%, led by Emaar Properties up 1.6%; Abu Dhabi gained 0.3%.