Most Gulf bourses gain despite stalled Iran talks, Hormuz disruption

Gulf stock markets rose on Sunday, but the rally is tempered by continued regional uncertainty, including peace talks showing no progress. Oil tanker traffic through the Strait of Hormuz has not fully resumed, keeping energy-related risk in focus and limiting confidence in the move.

Analysis

Gulf stock markets rose on Sunday, but the rally is tempered by continued regional uncertainty, including peace talks showing no progress. Oil tanker traffic through the Strait of Hormuz has not fully resumed, keeping energy-related risk in focus and limiting confidence in the move.