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The Nexus
BUSINESSJul 14 · 12:45 UTCSEMAFORMatthew Martin

Saudi economy proves resilient to Iran war fallout

Saudi Arabia’s economy remained resilient during the Iran war due to an oil pipeline to the Red Sea and strong fiscal policy. The kingdom reported a current account surplus in Q1 2026, driven by higher oil revenues and reduced imports, while also serving as a transit hub and receiving large foreign inflows.

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Saudi ArabiaplaceIran wartopicTim CallenpersonAramcoorganizationArab Gulf States InstituteorganizationEast-West pipelinetopic
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