Saudi Aramco shares hit new low on U.S.-Iran tensions; debt markets steady
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DUBAI (Reuters) - Saudi Aramco shares hit a new low on Wednesday after Iran launched missiles against U.S. bases in Iraq, but Gulf debt markets were stable as some had feared stronger action in retaliation for the killing of an Iranian military commander. Saudi Aramco shares fell to as little as 34 riyals (6.9 pounds) at the market open, the lowest since they began trading on Dec. 11, putting the market value of the company at around $1.8 trillion from a peak of $2.06 trillion on Dec 12. They..