EconomyMost Gulf markets ease after Houthi attacks on Saudi Red Sea oil sites
Most Gulf stock markets ended Sunday lower after a fresh escalation in the region. Yemen’s Iran-aligned Houthi movement had attacked Saudi oil installations at two ports on the Red Sea a day earlier. Saudi-backed forces responded with bombing raids against the Houthis. The exchanges reacted as the Gulf war widened into a second front, adding to concerns over regional security and economic stability.
Most Gulf markets ease after Houthi attacks on Saudi Red Sea oil sites