Bahrain

Despite the massive disruptions caused by the Iran conflict, how Bahraini policymakers address structural vulnerabilities moving forward will be the critical determinant of the country’s longer-term economic outlook.

A strong relationship with the GCC acts as a stabilizing force for an inherently fragile Iraqi state. But to maintain this, Iraq needs to pair sophisticated regional diplomacy with assertive control over the nonstate actors operating within its borders.

On June 8, AGSI convened its Petro Diplomacy conference for the 12th consecutive year.

The Iran conflict has arrived at the worst possible moment for Gulf sustainable finance, a sector already navigating fiscal strain, a global ESG backlash, and the unresolved tension between hydrocarbon revenue and transition capital.

For the Gulf Arab countries, the future is more important than the present, but it is unclear if Iran, the United States, and Israel have the same vision.

The imperative for Gulf states to unify their position has grown since the onset of Iranian attacks on their countries. Yet under conditions of uncertainty about the U.S. position and the war's outcome, Gulf states are demonstrating differing regional alignments and preferences for managing the crisis.

The true economic and societal impact of the conflict may not be driven by headline events alone but by the gradual erosion of the systems that underpin daily life.

The Gulf is being significantly affected by the conflict with Iran, but the size of the economic hit varies among countries.