Gulf Markets Slip as Drone Threats and Iran Uncertainty Rattle Investors Despite Hormuz LNG Breakthrough - Tekedia

Most Gulf stocks fell as fresh drone incidents and renewed U.S.-Iran uncertainty outweighed relief from a Qatar LNG tanker crossing the Strait of Hormuz.

Qatar, Kuwait and Bahrain weakened, reflecting investor caution around security risks in a key energy shipping chokepoint.

Saudi Arabia bucked the regional trend, lifted by bank shares and a 25% quarterly profit jump at Saudi Aramco.

Egypt also posted gains, while the episode underscored how quickly Gulf geopolitical tensions can move equity and energy markets.