Gulf Bourses Surge on U.S.–Iran MOU, But Caution Emerges as Talks Postponed

Global equities rallied on the back of the U.S.–Iran Memorandum of Understanding (MOU). Regional sentiment turned cautious late in the week as nuclear talks in Switzerland were postponed. Iran withheld its delegation, and Vice President Vance dropped plans to travel amid escalating clashes between Israel and Hezbollah.

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