How severe has the economic impact of the Iran war been for the Gulf states?
The Iran war has hurt Gulf economies, but the effects have differed across the region.
The Iran war has hurt Gulf economies, but the effects have differed across the region.
Iran has warned it could close down the strait, through which 20% of the world’s oil transits each day.
The US and Iran have once again traded strikes, prompting Donald Trump to declare the ceasefire between them ‘over’.
In modern conflicts, military might doesn’t automatically translate into political gains.
Volodymyr Zelensky and Benjamin Netanyahu took the opportunity of Graham’s funeral to meet with Donald Trump.
How to read the signals in the markets.
Fomenting a revolution when you have little ability to control how events play out on the ground can lead to unfavourable outcomes.
While the UAE and Saudi Arabia can at least partly circumvent the Strait of Hormuz, other Gulf states are less fortunate.
Iran’s confidence in having proven its ability to blockade Hormuz may provide cover for dialling down its nuclear ambiguity posture.
Oil prices are responding to risk – not just supply shortages.