The conflict between the US, Israel, and Iran entered its third week, with Gulf stock markets experiencing a slight decline.

Most Gulf stock markets fell slightly on Sunday. Saudi Arabia's benchmark index fell as much as 0.8%, with Rajhi Bank down 0.9% and Saudi National Bank, Saudi Arabia's largest lender, down 1.9%; Qatar's index fell 0.5%, with Qatar National Bank, the region's largest lender by assets, down 1.3%; Bahrain's benchmark index fell 0.3%; and Oman's benchmark index fell 0.4%. The conflict between the US, Israel, and Iran has now entered its third week, with US President Trump threatening further strikes against Iran's Kharg Island oil export hub, while Iran has vowed to retaliate. Furthermore, three sources familiar with the situation said the Trump administration rejected efforts by Middle Eastern allies to initiate diplomatic negotiations aimed at ending the war between the US, Israel, and Iran. Trump also called on allies to deploy warships to help secure the Strait of Hormuz, which is crucial to global energy supplies. (Jinshi)