Odd Lots
Ziad Daoud Explains How War with Iran Will Reshape the Gulf
From politics to petrodollars.
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Regardless of whether the war with Iran continues, it seems likely to have a lasting impact on the Gulf states. They may have to rebuild damaged pipelines and other infrastructure, or create new ones that bypass the Strait of Hormuz. They might have to spend more money on their own defense, or intensify a push to diversify their economies away from oil. New political alliances may be formed, and old ones could fall apart. In this episode, we bring back Ziad Daoud, chief emerging markets economist at Bloomberg Economics, to discuss the many ways the war could impact the region for years to come.