Anonymousabout 4 hours ago
The Iran conflict and Strait of Hormuz closure have forced Gulf states to review how they deploy nearly $6 trillion in sovereign wealth fund assets, raising questions about forced liquidations, fiscal sustainability, and knock-on effects for global markets dependent on Gulf capital flows. While some funds have continued investing at pace, the underlying fiscal math — with Saudi Arabia's breakeven oil price at $94/bbl and regional growth slowing to 1.3% — suggests the reserves face sustained pressure not seen since Kuwait drew down $17 billion from its sovereign fund to finance liberation after Iraq's 1990 invasion.