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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.

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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…

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