Stock markets across the world recorded huge losses on Monday as crude oil prices experienced their biggest losses since 1991. Gulf markets were badly hit, <a href="https://www.thenational.ae/business/markets/gulf-markets-rack-up-losses-of-about-400bn-in-two-days-1.990138">with two-day losses of about $400bn</a>. However, oil prices recovered on Tuesday and stock markets from the Far East to the Gulf also gained. Follow our live updates below. Meanwhile, <a href="https://www.thenational.ae/world/asia/coronavirus-latest-italy-extends-severe-restrictions-to-entire-country-1.988993">you can follow our coronavirus live blog here</a>. <strong>Main stories: </strong>• <strong><a href="https://www.thenational.ae/business/energy/oil-rebounds-a-little-after-worst-decline-in-nearly-three-decades-1.990507">Oil rebounds a little after worst decline in nearly three decades</a></strong> • <strong><a href="https://www.thenational.ae/business/energy/saudi-aramco-to-boost-april-production-to-12-3-million-bpd-1.990689">Saudi Aramco to boost April production to 12.3m bpd</a></strong>