Business
Why the Gulf Economy Held When the Region Didn't
A war that closed the Strait of Hormuz and hit every GCC state should have broken the region's economics. Reserves and diversification kept it standing.
Jul 16, 2026
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2 stories for“iran war economic impact”
Business
Oil Plunges More Than 7% as Iran Opens the Door to Talks and Rubio Says Washington Would Prefer Peace
Brent settled at $104.77 and WTI at $96.46 on Monday after Tehran said its supreme leader had authorised negotiations and the US said no decision on new strikes had been taken.
Nov 2, 2026
