The ongoing war with Iran has severely disrupted the Middle East’s energy exports and trade routes. As a result, the supply of petrodollars that have funded massive overseas investments are under threat. Ziad Daoud, Chief Emerging Markets Economist at Bloomberg Economics spoke to Jennifer Zabasajja on Horizons Middle East and Africa about the impact on Saudi Arabia’s economy. (Source: Bloomberg)
MAIA: High Oil Price Offsets Saudi’s Export Volume Loss
The ongoing war with Iran has severely disrupted the Middle East's energy exports and trade routes. As a result, the supply of petrodollars that have funded massive overseas investments are under threat. Ziad Daoud, Chief Emerging Markets Economist at Bloomberg…
This article was originally published by
Bloomberg Markets
and is republished here under license.
Leave a Reply