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Gulf bourses tumble after attack on Aramco


DUBAI (Reuters) - Saudi Arabia's stock market plunged 2.3 percent on Monday after a planes attack


Shares of the Saudi stock market fell at the opening of trading today by 2.3 percent after the attack by Yemeni drones on the two Aramco oil facilities and stopped more than half of production.

Saudi Basic Industries Corp (Sabic), the country's largest petrochemical company, fell 3.5 percent after reporting a 49 percent shortfall in value supplies after the attack, Reuters reported.

Kuwait's main index fell 1.1 percent and Dubai fell 0.8 percent.

The Yemeni Armed Forces announced in a statement yesterday that it carried out a massive offensive operation with 10 drones targeting two Aramco oil installations that struck its targets accurately.This operation comes within the framework of the legitimate and natural right to respond to the crimes of the Saudi aggression and its siege on Yemen for five years.

Source: sena

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