Trump’s Latest Gambit: A Subtle Diplomatic Overture or a Calculated Economic Play?
By: Sadek Al-Rikaby* A terse tweet from US President Donald Trump, hinting that China can now continue to purchase Iranian oil, has sparked a fresh wave of speculation across geopolitical and economic spheres. The significance of this statement stems from…
Market Resilience Defies Middle East Turmoil
De-escalation and Calm Risk Assessment Recent weeks have seen limited military escalation between Iran and Israel, including retaliatory attacks, which initially triggered concern in markets. However, the market’s reaction hasn’t reflected this alarm with the same intensity that the nature…
How might Trump’s “Make Iran Great Again” harm the economy of ‘Great America’?
Introduction: The Paradox of Presidential Slogans Donald Trump’s presidential campaign promises have always centered on the slogan “Make America Great Again” (MAGA), built on fostering a strong and prosperous U.S. economy: creating jobs, curbing inflation, achieving energy self-sufficiency, and reducing…
Hormuz: A Looming Danger… Can the Global Economy Survive?
A Three-Dimensional Shock to Energy Markets The Strait of Hormuz serves as an indispensable lifeline for global energy supplies. Approximately 17 to 20 million barrels per day (bpd) of crude oil and refined petroleum products transit the Strait, accounting for…
Can Saudi Arabia Rescue OPEC+?
As trade tensions escalate between the world’s two largest economies, fears are mounting that the ongoing tit-for-tat tariffs between the United States and China could significantly dampen global oil demand. The pressure is intensifying on the OPEC+ alliance, threatening its…
Storm Surge: Economic Fallout of Hurricane Milton
Quick Reading: Hurricanes that have struck the US over the past two decades have caused over $1 trillion in damages. Although the total number of hurricanes from 2003 to 2023 has not significantly increased, their intensity has shown a notable…
Abu Dhabi: The Future Global Capital for Renewable Energy
By 2050, the UAE aims to rely entirely on clean and renewable energy sources for its energy consumption, marking a significant transition despite its prominent hydrocarbon industry and vast oil and natural gas reserves. The country has made notable strides…