Major stock markets in the Gulf rose in early trade on Monday, recovering some of their losses from previous sessions when they were rattled by the escalating conflict between Israel and Iran.

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Saudi Arabia is also working behind the scenes to promote a ceasefire framework, a source told The Jerusalem Post.

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Iran has told mediators from Qatar and Oman that it will not consider a ceasefire or enter negotiations while Israeli attacks continue, a senior official familiar with the discussions said on Sunday.

The unnamed official told Reuters that Iran made "clear that it will not negotiate while under attack." The source also rejected media reports claiming that Iran had allegedly asked Oman and Qatar to ...