Economic Turbulence in the Middle East

This chapter examines the aftermath of the October 7th attacks and the ensuing conflict in the Middle East, focusing on the economic implications for Gaza, Israel, and regional dynamics. It contrasts the divergent economic trajectories of Gulf States and Israel with the stagnation of the West Bank and Gaza, highlighting the humanitarian impacts amid broader economic stability. The chapter also analyzes Iran's role in the conflict, shedding light on its military and economic capabilities compared to Israel while acknowledging the effect of sanctions on its regional ambitions.