Financial Times The Iran war shakes Gulf economies and pushes them to review their massive investments in America

Exclusive Follow-ups – Al-Khabar Al-Yemeni:
The Financial Times has revealed that the escalating war in the region is beginning to cast a heavy shadow over the economies of Gulf countries, with some Gulf governments entering into internal financial and investment reviews to face the growing economic repercussions of the American-Israeli war on Iran.
The newspaper quoted an informed official stating that four of the largest Gulf economies—Saudi Arabia, the UAE, Kuwait, and Qatar—jointly discussed the increasing pressures on their budgets and economies.
The official explained that a number of Gulf countries have begun a legal and economic review of their current contracts to study the possibility of activating “force majeure” clauses, alongside a reassessment of current and future investment commitments, with the aim of mitigating the expected financial pressures if the war continues at the same pace.
According to the source, these steps come as a precautionary measure due to declining energy revenues resulting from slowed production or disrupted shipping, in addition to damage to the tourism and aviation sectors and increased defense spending linked to the military escalation in the region.
In the same context, an advisor to a Gulf government stated that the possibility of reconsidering Gulf foreign investments has sparked interest in the White House, given that these countries manage some of the world’s largest and most active sovereign wealth funds.
Saudi Arabia, the UAE, and Qatar had pledged last year to inject hundreds of billions of dollars into the American economy following US President Donald Trump’s visit to the region, making any potential adjustment to those investments a sensitive issue for Washington.
Observers believe that any potential reduction in Gulf investments in the US or Western countries could add political and economic pressure on the Trump administration, pushing it to seek a diplomatic path to end