Gulf economies and the Iran-Israel conflict: What's next?

Gulf economies and the Iran-Israel conflict: What's next?

Author: The National News June 25, 2025 Duration: 17:50
Gulf leaders have been on alert for triggers on several fronts: for one, potential damage to nuclear sites, such as the Bushehr nuclear power plant in Iran, just across the pond that is the Arabian Gulf. The Gulf has also kept close watch on the Strait of Hormuz, the narrow waterway in the Gulf where about a fifth of the world's oil flows through to power the globe, and which Iran had threatened to close. Despite the announcement of a ceasefire, all of these are still major factors in the Gulf's economic well-being and stability. On this week's episode of Business Extra, host Salim Essaid hears from Safaa Al-Kogali, World Bank county director for GCC countries. Let's get into what happened, what's next and what we're on the lookout for.

Tune into Business Extra for a clear-eyed look at the forces shaping commerce in the Middle East and beyond. Produced by The National News, this podcast moves past the headlines to deliver substantive conversations with the analysts, executives, and innovators driving change. Each episode leans on the deep regional expertise of our editors and reporters, who translate complex developments in markets, energy, and technology into accessible insights. You’ll hear grounded discussions that connect local trends to global patterns, offering a necessary perspective on one of the planet's most dynamic economic landscapes. Whether it's a shift in oil policy, a tech startup's rise, or a new trade agreement, this series provides the context often missing from daily news cycles. For anyone with a stake in understanding how business really works in this pivotal region, Business Extra is an essential listen, blending authoritative journalism with genuine curiosity. The result is a consistently informative podcast that feels less like a briefing and more like a series of insightful conversations with people who have their finger on the pulse.
Author: Language: English Episodes: 100

Business Extra
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