Israel, Gulf Stocks Drop as Middle East Tensions Rise Again

Stock markets across the Middle East fell on Thursday, with Israel’s benchmark index the worst-performer globally as traders responded to heightened tensions in the region.

In Tel Aviv the TA-35 Index fell as much as 2.5%, while the Dubai Financial Market General Index shed 2.3%. Both were set for their biggest declines in two months. The Saudi Tadawul All Share Index dropped 1.8%.