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Politics

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Politics

Ziemba: Oil Prices Continue to Underprice Outage

As the Iran war continues into its 4th week, the effective closure of the Strait of Hormuz has heightened pressure on the US and major energy importers. Iran has threatened to attack Middle Eastern infrastructure if President Trump acts on his vow to "obliterate" Tehran's power plants unless the waterway swiftly reopens. Rachel Ziemba founder of Ziemba Insights spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on oil prices being higher as the conflict continues. (Source: Bloomberg)

Bloomberg3/23/2026
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Politics

Soussa: GCC Economies Resilient with Deep Pockets

The Iran war has raised the risk of a sharp slowdown across Gulf economies, especially if disruption to the Strait of Hormuz continues. Goldman Sachs says Qatar and Kuwait could see deep contractions in a prolonged conflict, with Saudi Arabia and the UAE also facing slower growth. Farouk Soussa, MENA Senior Economist at Goldman Sachs spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the likely rebound from the GCC states post war. (Source: Bloomberg)

Bloomberg3/23/2026
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