CORRECTED-MIDEAST STOCKS-Markets advance on hopes of reduced Gulf tensions - Reuters:
All major Gulf stock markets closed higher on Sunday on
hopes that a reported visit by Qatar's foreign minister to Riyadh would ease a
rift between Gulf states.
Qatar's foreign minister made an unannounced visit to Saudi Arabia, sources
told Reuters on Thursday.
Saudi Arabia, United Arab Emirates, Bahrain and Egypt had cut diplomatic and
trade links with Qatar in June 2017, accusing Doha of backing terrorism. Qatar
denies the charge.
OPEC and allied oil producers, meanwhile, will consider further oil supply
cuts when their leaders meet in Vienaa this week, Iraq's oil minister said on
Sunday, in a move expected to support oil prices.
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