How the Iran war could hurt Wall Street
The big unknown is how the conflict could alter the Gulf’s investment priorities in the next year or two
Add BT as a preferred source
SINCE the earliest days of human civilisation, the world has been hooked on Middle Eastern exports, from textiles and spices in ancient times to oil and holidays today.
The disruption to those physical trade flows – and the risk of an inflationary spike – is a well-documented consequence of the war being waged by the US and Israel against Iran.
Less analysed is the prospective hit to the Middle East’s export of capital.
TRENDING NOW
Tiger Brokers, Moomoo, Longbridge Singapore units ‘financially independent’ amid China crackdown: MAS
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Johor property old hand KSL readies family handover amid market boom
As India and China surge ahead with nuclear energy, all eyes on Asean’s next move
