Gulf states caught in the middle of US-Iran conflict

Investors turned to gold and the US dollar in the wake of the Iran conflict, and Gulf states are panicking as Iran targets them in retaliatory strikes. Plus,can the US economy handle the surging oil prices caused by the attacks? Mentioned in this podcast:What will war in Iran do to the global economy?Panic in the Gulf as Iran lashes out at US alliesWhat will be in Rachel Reeves’ spring outlook for the UK economy?Investors turn to gold, not bonds, as haven from war in IranHedge funds rethink emerging market bets after US-Israel strikes on IranNote: The FT does not use generative AI to voice its podcasts Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Saffeya Ahmed and Nisha Patel. Our show was mixed by Kelly Garry. Additional help from Michael Lello. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.