Gulf Bourses Mixed as Iran-Saudi Talks Offset US Strike Fears
Major Gulf bourses were mixed in early Tuesday trade as continuing Iran-Saudi talks offset escalation fears after the US struck Iran's Qeshm Island in the Strait of Hormuz.
Major Gulf bourses were mixed in early trade on Tuesday, as Iran's statement that talks with Saudi Arabia were continuing was offset by escalation fears in the eight-month conflict after the US struck Iran's Qeshm Island in the Strait of Hormuz.A US official said on Monday that the strikes, earlier…