Sunday 15 April 2018

Gulf stocks up on oil, no retaliation after Syria attack | ZAWYA MENA Edition

Gulf stocks up on oil, no retaliation after Syria attack | ZAWYA MENA Edition:

"Gulf stock markets rose in early trade on Sunday, boosted by strong oil prices and the fact that the Western military attack on Syria on Saturday appeared to be limited in scope and caused no immediate retaliation.

The United States, France and Britain launched 105 missiles after a suspected poison gas attack in Syria a week earlier. The assault was confined to three alleged chemical weapons facilities and led to no immediate reaction from Syria’s ally Russia.

Brent oil  closed at $72.58 a barrel on Friday, near multi-year highs, partly because of the geopolitical tensions."



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