Gulf stock markets slammed as coronavirus sinks crude oil prices
Stock markets in the oil-rich Gulf states dropped on Sunday after the worst week for oil prices since 2008 and amid fears about the impact of the coronavirus. The crisis threatens to undercut Gulf economies, which are already battling a downturn and struggling to wean themselves from their decades-old addiction to energy revenues, AFP reported. As the crisis has unfolded it became clear that demand in China, the world’s biggest oil […]
