Saudi stocks week ahead: Tadawul braces for Iran fallout, Hormuz risk and OPEC+ decision
Saudi stocks face volatility after U.S. and Israeli strikes on Iran, with oil prices jumping and analysts warning of further gains if conflict disrupts energy flows. The Tadawul All Share Index last closed down 1.28%, while Saudi Aramco fell 3.03%. Several shippers have suspended transits through the Strait of Hormuz after Iran said it closed navigation. OPEC+ meets Sunday to discuss a possible output hike.
