Stocks rise slightly as MidEast tensions ease; oil prices fall ...Kuwait

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Stocks rise slightly as MidEast tensions ease; oil prices fall
Equities across most developing markets edged up on Monday as crude prices dropped on a brief respite to geopolitical tensions in the Middle East, while investors also braced for the upcoming US presidential election. Crude futures lost over 5% to about $70 a barrel as Israel's response to Iran's missile attack over the weekend avoided oil and nuclear targets, relieving concerns of a wider conflict that could disrupt energy supplies - a crucial resource for developing economies. "The prospect of a full-blown war between Iran and Israel may have diminished but it remains a significant source of geopolitical risk," said Elias Haddad, a senior markets strategist for Brown

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