Saudi Arabia’s central bank governor has signaled that the kingdom’s economy remains resilient in the face of ongoing regional conflict, offering a degree of reassurance to...
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October 31, 2026
Tag: oil markets
World Bank Warns Middle East Economy Will Shrink 2.1% in 2026 as Iran War Weighs on Region
The World Bank projects the Middle East economy will contract by 2.1% in 2026, citing the ongoing conflict involving Iran as a significant drag on regional...
AI Investment Boom Offsets Some Global Drag as Middle East Energy Risks Weigh on 2027 Outlook
A wave of artificial intelligence spending is providing a meaningful lift to the global economy, even as renewed energy market uncertainty tied to Middle East tensions...
Bessent Announces Push to Cut Iran Off From Global Financial System
Treasury Secretary Scott Bessent has unveiled a new U.S. campaign aimed at isolating Iran from the global economy, a move that could tighten pressure on oil...