Qatari stock market plunges and oil prices rise as Saudi Arabia cuts off diplomatic ties with Qatar

[McFurd]

The Telegraph - 6/5/2017 - Bloomberg News - Oil prices rebounded and stocks slumped after a Saudi-led alliance cut diplomatic ties with Qatar and moved to close off access to the Gulf country, raising tensions in the world’s biggest oil-producing region. Saudi Arabia, Bahrain, the United Arab Emirates and Egypt have said they will suspend air and sea travel to and from Qatar, escalating a crisis that started over its relationship with Iran. Read more @ http://www.telegraph.co.uk/business/201 ... ies-qatar/