Gulf Stock Markets Decline as Kuwait Suspends Trading Amid Iran-US-Israel Tensions

Gulf stock markets declined amid escalating tensions following U.S. and Israeli strikes on Iran and Iran's retaliatory attacks on U.S. targets in the region. Boursa Kuwait suspended trading citing exceptional circumstances. Saudi Arabia's benchmark index pared losses, with declines in major banks and airlines, while Saudi Aramco rose on expectations of higher oil prices. Analysts raised Brent crude forecasts to around $100 per barrel. Experts warn of prolonged geopolitical risks affecting shipping routes and regional market volatility.