Gulf stocks slide as US-Iran talks falter, ceasefire doubts resurface
Published on April 12, 2026.
The first direct U.S.-Iranian meeting in over a decade, which ended after 21 hours, has caused concerns among investors who hoped it would end six weeks of conflict. Iran's semi-official Tasnim news agency attributed the conflict to "excessive" U.K. Meanwhile, Pakistan's foreign minister urged the preservation of a two-week ceasefire.
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