
Markets
Gulf Equities Rally on Iran De-escalation Bets
Saudi Tadawul and Qatari stocks rose as investors bet the US midterm sweep reduces the risk of a wider Iran conflict.
Kwame Mensah
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Saudi Tadawul and Qatari stocks rose as investors bet the US midterm sweep reduces the risk of a wider Iran conflict.
Brent crude settled at $116.72 on October 23, 2026, its highest close since April and a third straight weekly gain, while WTI held above $103 and Nigerian Bonny Light traded near $124.