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03:39 Tanker Hit by Two Projectiles off Saudi Arabia, UKMTO Confirms ยท 01:59 Two Tankers Explode After Hitting Mines in Hormuz, IRGC Confirms ยท 20:11 Qatar State-Owned LNG Carrier Struck in Arabian Gulf, Doha Condemns Attack ยท 13:30 Houthi Strike Hits Industrial Complex in Dammam, Eastern Saudi Arabia ยท 07:39 Iran Designates Royal Navy, RAF, and MI6 as Terrorist Organizations ยท 03:31 Pentagon: Iranian Strikes Cost $15B, Hit 274 Structures Across 24 US Bases ยท 00:59 US Air Bridge Opens: Patriots Deployed to Israel and Mideast Bases Before November 3 ยท 15:50 AP Analysis: Iran Damaged US Air Defenses on Over Two Dozen Mideast Bases ยท 13:20 US and Iran Reach Preliminary Deal on Nuclear Program, Hormuz, and Sanctions ยท 13:19 US Drone Kills Two IRGC Personnel Near Qeshm Island, Strike Confirmed ยท
Mon ยท 02 Nov 2026

Gulf Stocks End Mixed as Hormuz War Erodes Regional Confidence

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Gulf Stocks End Mixed as Hormuz War Erodes Regional Confidence

๐Ÿ“‰ GULF MARKETS โ€” Mixed close means someone is still buying while tankers sink. ๐Ÿ“Œ LOOK CLOSER: A mixed rather than panicked close reveals the split inside Gulf capital: energy exporters hedging on higher Brent, diversified holdings bleeding on shipping and insurance repricing. Saudi and UAE bourses absorbing the shock without collapse signals sovereign funds are actively supporting floors. That floor won't hold if a second carrier strike or Hormuz mine event lands before weekend clearing.

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