President Trump said the promised $5,000 post-election payment should be easy for Congress to pass and that he always keeps his promises.

Saudi Arabia's benchmark index fell 1% in early trade.

Mohammad Elmasry, professor at the Doha Graduate Institute, said a planned Monday meeting between Iran and Gulf officials on the Strait of Hormuz could be a pivotal moment for U.S.-Iran war dynamics. He said Iran does not seek total rupture with its Gulf neighbours and must coexist with Saudi Arabia, the UAE and other Gulf states; Iranian leadership hopes for a post-conflict order in which regional states — not the U.S. — manage their own security, which would require cooperation with Saudi and other Gulf countries. Elmasry said the meeting’s outcome warrants close attention; a key question for markets is if Gulf leaders reach an understanding with Iran, how the U.S. would respond.