Published August 17, 2026 Updated about 4 hours ago DUBAI: Most Gulf stock markets rose on Sunday despite ongoing regional uncertainty, with peace talks showing no signs of progress and oil tanker traffic through the strategic Strait of Hormuz yet to fully resume. Iran urged the United States on Saturday to concede defeat, while President Donald Trump branded Tehran “very evil” and warned Americans to expect persistently high fuel prices because of the war. Saudi Arabia’s benchmark index advanced 0.9 percent, led by a 1.5 percent rise in Al Rajhi Bank and a 1 percent increase in oil major Saudi Aramco. On Friday, Brent futures settled at USD88.52 a barrel, up USD1.45,…