Svmuu News: The Qatari stock market led declines across most major Gulf markets, continuing its recent downward trend. This followed the most significant escalation in tensions between the United States and Iran since the two sides reached a 60-day peace agreement last month.
A new report from the International Monetary Fund indicates that Qatar is the commodity-producing country most directly affected by disruptions to energy production and transportation. Qatar’s QE Index fell 0.8%, Saudi Arabia’s benchmark index dropped 0.4%, and the Dubai Financial Market General Index declined 0.2%.