Middle East Stock Market Closing Report | On Sunday (March 8), the Kuwait Stock Exchange Premier Market Price Return Index closed down 0.54% at 9,084.47 points.

Saudi Aramco in Riyadh surged nearly 4.87% at the start of trading, marking its largest intraday gain since April 2023. According to Xinhua News Agency, following major oil-producing countries such as Iraq and Qatar, Kuwait National Petroleum Company also announced on March 7 that, due to factors such as threats to the safety of ships passing through the Strait of Hormuz amid the US-Israel-Iran conflict and a shortage of vessels transporting crude oil and refined products, the company has encountered "force majeure" and has begun to reduce crude oil production and refinery processing volumes.