Gulf oil output collapses as Hormuz Closure cuts exports, forcing Iraq, Kuwait, Qatar, and Bahrain into severe double-digit economic contractions.
Browsing: Saudi Arabia
Houthi strikes on Saudi airports expose a deeper fight over Vision 2030, Iran’s reach, and Riyadh’s room to maneuver amid rapidly faltering confidence.
The war punctured the Gulf insulation myth, and Saudi investment plans now depend on a ceasefire with Iran and Yemen before capital returns.
Ibn Khaldun asked whether dynasties decline after three generations. Mohammed bin Salman answers in Riyadh, where three failed bets and succession converge.
China supplies Houthi drone parts while depending on Saudi oil, and Hormuz disruption now forces that contradiction into the open for Beijing.
Buried cores still breathe through exposed surface systems, so Saudi nuclear plants must survive drone attack before Congress approves any US reactor sale.
Riyadh’s airport attack tells investors that Saudi Arabia is not open for business while Yemen’s war continues, and airstrikes cannot ever change that.
Diversifying across renewables, gas, nuclear, and minerals, anchored by regional interconnection, is how Turkey meets demand while cutting vulnerability.
Iran seeks a tributary order through Hormuz tolls and proxy attacks, betting attrition will outlast American pressure while the regime hardens internally.
Ankara balances the Mecca pact, Houthi escalation, Israeli elections, an Azerbaijan dispute, and Libya’s maritime win as US guarantees thin.