中东战争

Iran war is a risk to the flow of Gulf funds around the globe

World has come to depend on capital from the region more deeply than many realise

The writer is the Rene M Kern professor of practice at Wharton School, chief economic adviser at Allianz and chair of Gramercy Funds Management

As the world assesses the continuing economic damage from the Middle East war, much of the focus has been on how long it will be until “normal” energy production and shipments resume.

That is the most pressing issue, of course. But among the many other questions investors and policymakers should consider is a financial one: how will the relationship of the Gulf countries with international capital markets change in the short term?

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