Stock Markets Down in Middle East

Breaking: Stock markets in the Middle East closed lower on Sunday after both President Trump and Iran’s foreign minister threw doubt on a deal to end the tension in the Strait of Hormuz.

Markets in Saudi Arabia, Qatar and Egypt also closed with losses.

Trump said he was running out of patience with Iran, while Iranian minister Abbas Araghchi said his government is “in doubt” of the US’s “seriousness” of coming to an agreement.

Iranian Minister while replying to Trump added Iranian soil is ready for defense and teach a lesson to any invaders.