GULF COUNTRIES
Analyst
Justin Alexander
Former Economic Advisor, Qatar Finance MinistryDatabanks
Events
Recent Country Insights
Upcoming Webinar - Oil Markets 2026+: Geopolitical Risks and Supply Dynamics Beyond the Glut
GULF COUNTRIES · Report · 16 Mar 2026
Date: 17 Mar 2026 Time: 8:00 AM Eastern Time As geopolitics overshadow supply in Venezuela, Iran, Russia and Kazakhstan, OPEC+ looks towards its second decade amidst an oil glut. What key local developments should market participants focus on to make sense of the oil market outlook in 2026 a...
Iran War Days 15–16: US strikes Kharg and Iran widens GCC targeting
GULF COUNTRIES · In Brief · 16 Mar 2026
HighlightsThe US struck military targets on Kharg Island, Iran’s oil export hub. Iran said if the oil facilities were attacked, then it would target the regional oil facilities of US-allied companies; it also threatened UAE ports and residential locations in Qatar and Dubai, where it claimed US m...
GULF WEEKLY: Iranian strikes kill in four Gulf states, Brent at $100 despite IEA release, East-West Pipeline nears 7m b/d, Qatalum continues operations
GULF COUNTRIES · Report · 13 Mar 2026
A skimmable summary overlaid with our analysis and links. Headlines: * Iran’s attacks on the GCC continued this week, but the cadence seems to have slowed somewhat. * There were fatalities from strikes in Bahrain, Oman, Saudi Arabia and Kuwait. * Sites hit included the Ruwais refinery (Abu D...
Iran War Days 11–12: Iran fires on ships as IEA agrees on oil reserve release
GULF COUNTRIES · In Brief · 11 Mar 2026
Highlights Iran struck two oil tankers near Iraq and three cargo ships near Hormuz, and concerns grew about mines in the Strait. ADNOC shut the 922k b/d Ruwais refinery after a drone strike, and drones hit fuel tanks at Oman’s Salalah port. Aramco said it will soon ramp up the East-West Pipeline ...
Iran war fiscal impact model: Kuwait and Qatar hit hardest, Bahrain may need support
GULF COUNTRIES · Report · 11 Mar 2026
This report includes a simple model (which clients can manipulate) to estimate the possible fiscal impact of the war. Kuwait and Qatar face the largest fiscal hits due to their near-total reliance on Hormuz-dependent exports, but both have deep reserve buffers. Kuwait will soon need to shut down ...
Iran War Day 10: Oil whipsaws on shifting US signals
GULF COUNTRIES · In Brief · 09 Mar 2026
Highlights The US sent conflicting signals on the war's timeline. Brent crude briefly hit $119 before retreating sharply after Trump's comments and G7 reserve-release talk, dropping below $90. Iran's new Supreme Leader adviser Kamal Kharazi told CNN there is "no room for diplomacy" and that Tehra...
Iran War Day 8-9: Khamenei’s son succeeds, oil spikes to $110
GULF COUNTRIES · In Brief · 08 Mar 2026
Highlights: Mojtaba Khamenei has succeeded his father, signaling hardline continuity and no appetite for a negotiated exit from the war. President Pezeshkian apologized to Gulf neighbors and pledged to halt cross-border strikes, but they continued and struck more civilian targets, exposing intern...
GULF WEEKLY: Gulf crudes hit $100 as Hormuz blockage continues, some hydrocarbon and downstream production shuts down, Iranian attacks on the GCC continue
GULF COUNTRIES · Report · 06 Mar 2026
A skimmable summary overlaid with our analysis and links. Headlines: * Brent crude touched $90, Oman/Murban $100, and Qatar’s energy minister warned of $150. * Hormuz remains largely closed, with no visible action on US escort or insurance plans. * Saudi Arabia is increasing oil loading on t...
Webinar replay: War in Iran - Implications for the Gulf and Israel
GULF COUNTRIES · Report · 06 Mar 2026
As war breaks out with Iran, what's happening on the ground? How might the Gulf states respond to Iranian attacks? What are the short-term and long-term economic and market implications for Israel and the Gulf countries? Visit our calendar page to watch the replay of our webinar featuring Glob...