Gulf Markets Slide as Houthi-Saudi Clashes Spark Oil Supply Fears

Gulf stock markets fell in early trading on Oct. 25, 2026, as intensifying clashes between Yemen's Iran-aligned Houthis and the Saudi-led coalition rattled investors, with Saudi Arabia's benchmark down 1.1% and Qatar's index off 0.3%. The selloff capped Saudi Arabia's eighth straight weekly decline as Houthi claims of strikes on Aramco facilities and Saudi airports pushed oil prices higher and unverified security risks across the region.