Gulf stocks recover after Trump hits pause on new trade tariffs
Oil prices continued to fall amid concerns that the U.S trade war with China – Saudi Arabia's biggest oil customer – will keep spiraling upward
FAYEZ NURELDINE/AFP via Getty Images
Saudi Arabia's Tadawul Stock Exchange in Riyadh
Gulf stocks reversed direction in tandem with global equity markets after U.S. President Donald Trump declared a pause to his imposition of trade tariffs around the world.
Saudi Arabia’s benchmark Tadawul index rose 4% on Thursday, its biggest intraday...