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Gulf stock markets tumbled in early trading on Tuesday due to escalating tensions following Iranian attacks in the region, particularly targeting the key oil port of Fujairah, as Washington sought to reopen the crucial Strait of Hormuz amidst the ongoing conflict involving Iran, the U.S., and Israel. #GulfMarkets #EnergyCrisis #StockMarketDynamics #IR #US #AE #SA #QA
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Gulf shares slip after fresh attacks rattle truce
May 5 (Reuters) - Major stock markets in the Gulf fell in early trade on Tuesday after fresh attacks by Iran and the United States in the Gulf deepened the struggle for the Strait of Hormuz, a key global energy chokepoint, shaking an already fragile truce.
