MIDEAST - Factors to watch - June 8

Here are some factors that may affect Middle East stock markets on Monday. Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Tumbling tech darlings slam brakes on AI rally MKTS/GLOB

* Oil prices climb more than $3 after Israeli strikes on Lebanon O/R

* PRECIOUS-Gold extends losses on US interest rate-hike fears GOL/

* MIDEAST STOCKS-Most Gulf markets end lower amid fresh US-Iran escalation .MIDEAST

* Israel hits Iran with new strikes despite Trump admonition nL6N42G03T

* Trump says he would not unfreeze Iran's assets before peace deal is done nL1N42F048

* Hormuz strait will be open but with transit fees, Iran envoy to Moscow quoted nL1N42G03Q

* OPEC+ approves fourth oil output quota hike since Hormuz closure nL6N42F03A


SAUDI ARABIA

* Saudi Arabia sharply cuts July OSP for Asia on slow demand nL1N42G02O
* BRIEF-PIF, TMG Saudi Sign MOU To Collaborate In Saudi Urban Development And Livability Ecosystem nFWN42D0J3


EGYPT

* Egypt's economic growth at 5.2% in July-March, planning ministry says nS8N3XH05E