Gulf Markets Fall Amid US-Iran Standoff
Stock markets in the Gulf region declined following Iran's announcement that it would not hold talks with the United States unless its demands are met, amid escalating tensions between the two countries and an increase in attacks on oil tankers in the Gulf of Oman. Meanwhile, Wall Street indices rose, and European stocks began to stabilize, buoyed by solid quarterly results from companies such as SpaceX and Super Micro Computer, despite ongoing concerns about financial turmoil in France.
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