Gulf oil output collapses as Hormuz Closure cuts exports, forcing Iraq, Kuwait, Qatar, and Bahrain into severe double-digit economic contractions.
Browsing: Economy
From Cairo to Beirut, the Arab Middle Class is losing savings and hope as repeated crises outpace wages, testing stability and the region’s recovery.
The Iran war accelerated a domestic turn already underway: L’imad absorbs ADQ, PIF carries defense assets, and ADIA’s massive portfolio holds nothing at home.
The Dutch central bank moved 86 tons and cited geopolitical risk openly, turning Gold repatriation from quiet prudence into explicit contingency planning.
The war punctured the Gulf insulation myth, and Saudi investment plans now depend on a ceasefire with Iran and Yemen before capital returns.
Global debt at $365.5 trillion ends easy money, forcing governments to choose between austerity and investment as AI, climate, and war strain budgets.
Fuel, fertilizer, freight, and credit costs compound for farmers, while a negotiated settlement could have opened Iranian markets worth billions.
Gulf Economic Resilience grows through pipelines and storage that blunt Iran’s chokepoint, while Washington helps commercially instead of sending troops.
Gulf investors still fund projects abroad, but resilience, supply-chain redundancy, and corridor security now shape where capital goes.
Iraq’s dinar devaluation protects reserves and salary payments, but imported goods, dollar rents, and parallel rates squeeze household purchasing power.