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Loser is losing. Three of the four largest Gulf economies — Saudi Arabia, the UAE, and Kuwait — are reportedly discussing withdrawing from U.S. and other international investments as the economic toll from the escalating war with Iran grows, according to the Financial Times.
Officials say “budget strains” are emounting as energy revenues decline and disruptions hit shipping and tourism across the region. As a result, some Gulf governments are considering reassessing major foreign investment commitments, including those in the United States.
Sources described the potential shift as a “precautionary measure,” but the implications could be enormous. Gulf sovereign wealth funds collectively hold more than $2 trillion in U.S. investments, meaning any pullback could send shockwaves through markets and financial institutions.
The move is also being viewed as potential pressure on Donald Trump as the conflict continues to escalate — signaling that the economic consequences of the war may be severe spreading far beyond the battlefield. Do YOUR JOB.