MIDEAST - Factors to watch - May 6
Here are some factors that may affect Middle East stock markets on Wednesday. Reuters has not verified the press reports and does not vouch for their accuracy.
INTERNATIONAL/REGIONAL
* GLOBAL MARKETS-Asia markets hit records on AI euphoria, Iran peace hopes MKTS/GLOB
* Oil extends slide as Trump indicates possible Iran peace deal O/R
* PRECIOUS-Gold jumps on weaker dollar, Middle East peace hopes GOL/
* MIDEAST STOCKS-Gulf shares slip after fresh attacks rattle truce .MIDEAST
* Trump pauses effort to escort ships in Strait of Hormuz, citing deal progress nL1N41I07T
* Chinese foreign minister kicks off meeting with Iranian counterpart nL1N41J01S
* Rubio calls Hormuz resolution test for UN, urges against vetoes nL1N41I0ZD
* Rubio says US has achieved objectives of Iran operation nL1N41I16L
* Trump says Iran "should wave the white flag of surrender" nL1N41I0WC
* IMF's Georgieva says Iran war fallout would take 3-4 months even if fighting ends today nFWN41I13L
SAUDI ARABIA
* Saudi Arabia cuts Arab Light June OSP for Asia from record levels nL1N41I17Q
* Saudi Arabia's quarterly deficit balloons to $33.5 billion, driven by spending surge nL6N41I0V2
* Saudi debt agency completes kingdom's 2026 borrowing plan, with 90% of funding secured nS8N40H00J
* Saudi Industrial Export qtrly net loss 1.5 million riyals nFWN41I0LR
* Turkey and Saudi Arabia set to scrap some visa requirements, source says nL8N41I0OD
UNITED ARAB EMIRATES
* UAE air defences engage missiles, drones; Tehran denies attacking UAE nL1N41I0RW
* UAE restricts airspace after Iranian missile, drone attack nL1N41I0HG
* ADNOC set to push shale-style oil, gas projects after UAE's OPEC exit nL6N41I0GL
* Abu Dhabi considers setting up new fund for defense deals - Bloomberg News nL4N41I0PI
* Mubadala, Stonepeak announces $300 mln investment to support Textainer’s acquisition of Seaco nFWN41I01M
QATAR
* QatarEnergy extends force majeure on Edison LNG supply to early July nL8N41I2IW
EGYPT
* Egypt imposes $90 per ton nitrogen fertiliser export duty for three months nL1N41I0B6
* Egypt aims for self-sufficiency in wheat for subsidised bread in 2028, minister says nL6N41I0DO
IRAQ
* Iraq offers May-loading crude at deep discounts for loading inside Hormuz nL4N41I0J9
BAHRAIN
* Zelenskiy pitches drone deal during Bahrain visit nL1N41I0MS
