Gulf Bourses Retreat as Houthis Claim Attacks on Saudi Energy and Airports

Key Facts

Most Gulf stock markets declined after Houthi forces claimed responsibility for attacks targeting Saudi energy sites and airports. Reuters reported that the strikes focused on critical infrastructure, including strategic energy facilities and airports within the Kingdom.

A risk-off sentiment emerged among regional retail and institutional investors as geopolitical tensions escalated following the reported attacks. The market retreat follows a five-day cycle of conflict, with the latest claims of infrastructure damage weighing on investor confidence across Gulf exchanges.