MIDEAST STOCKS-Gulf markets sluggish despite oil price gains | Reuters:
"Markets in the Gulf were sluggish on Monday as a surge in oil prices to more than three-year highs failed to lift stocks.
Oil prices rose to their highest levels since late-2014 on Monday, lifted by Venezuela’s deepening economic crisis and an upcoming decision on whether the United States will re-impose sanctions on Iran.
The rise helped boost some Saudi Arabian petrochemical stocks. Yanbu National Petrochemicals rose 1.3 percent."
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