Gulf states could review investments due to financial strains caused by Iran war

Gulf states are reevaluating their investments due to financial strains caused by the Iran war, with the US hinting they might foot the bill for the conflict. The war has disrupted oil supplies, pushed prices up, and strained regional economies. The Strait of Hormuz closure has significantly impacted Gulf energy exports, with some countries like Qatar and UAE experiencing substantial revenue losses 

The Gulf Cooperation Council countries and the Levant are expected to lose over 5.2% of their GDP, potentially pushing millions into poverty and causing widespread job losses. This has led to concerns about the long-term economic implications and potential shifts in investment strategies 

Gulf sovereign wealth funds, major investors in global markets, may reduce international investments and focus on domestic projects, particularly in defense. This could impact UK and US asset markets, with the UK government encouraging domestic investment to offset potential losses