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Gulf markets subdued on weak oil prices
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Gulf stock markets were subdued on Tuesday due to weak oil prices. Investors are awaiting U.S. economic data to understand the Federal Reserve's policy direction. Oil prices remained firm amid geopolitical tensions and mixed expectations for U.S. fuel inventories. Saudi Arabia's index rose 0.1%, while Qatar's index fell 0.4%. Dubai and Abu Dhabi markets were closed for a public holiday.
Source: Reuters The copyright of this article belongs to the original author/organization.
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