Gulf markets fell on Sunday as tensions between Iran and Israel escalated into its third week. Crude prices rose amid disruptions to energy flows and fears of a regional escalation. Saudi Arabia’s Aramco gained 0.7%, while Qatar National Bank fell 1.3%. The conflict has also affected Formula One, canceling the Bahrain and Saudi Arabian Grands Prix due to security concerns. Some investors are being drawn to stocks in the region, despite the risks.
Source: https://www.investing.com/news/economy-news/gulf-stocks-slip-as-iran-war-enters-third-week-4561558