Countries across the Middle East have been swept up in US-Israeli war with Iran Kuwait’s status as a relatively stable energy hub has been upended over the past three days as Iran’s retaliatory missile and drone strikes following US and Israeli attacks leave the Gulf in turmoil. All six Gulf …
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Gas prices soar as QatarEnergy halts LNG production after Iran attacks
This comes after Saudi Arabia announced temporary closure of one of its largest oil facilities following drone attacks. Qatar’s state-run energy firm says it has halted liquefied natural gas production after Iranian attacks, sending gas prices soaring in Europe and Asia, as Saudi Arabia announced it was temporarily shutting down …
Read More »The Global Economic Shockwaves of the Attack on Iran
As of March 2, 2026, the attack on Iran has already begun to reverberate far beyond the immediate theatre of war. Financial markets reacted within hours. Oil prices surged. Shipping routes were disrupted. Currencies weakened. The world economy, still fragile after years of pandemic recovery and the prolonged Ukraine conflict, …
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