Gulf Markets Slide as Traders Dismiss US-Iran Talk Optimism

📉 GULF MARKETS — Diplomats claim progress; traders in the region are pricing the opposite. 📌 LOOK CLOSER: Gulf equities falling while mediation is publicly active reveals a split between official optimism and market judgment. Regional investors price Iran risk with better local intelligence than Western desks — sustained selling signals they don't believe a deal closes before November 5. That read matters: Gulf capital outflows compound the rial collapse and tighten Tehran's economic clock simultaneously.