EPISODE · Jul 12, 2026 · 5 MIN
Qatar Blocks VW-Israel Deal, US-Iran Escalation in the Gulf, and Iraq’s OPEC Stance
from The Smashi Business Show · host Augustus Media
In this episode of the Smashi Business Show, we investigate Qatar's sovereign wealth fund vetoing a Volkswagen defense joint venture with Israel's Rafael. We then analyze the severe military escalation in the Gulf as US and Iranian forces exchange missile strikes following the closure of the Strait of Hormuz. Finally, we look at global energy markets as Iraq's Prime Minister clarifies Baghdad's stance on remaining within OPEC while pushing for a fair production quota.
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Qatar Blocks VW-Israel Deal, US-Iran Escalation in the Gulf, and Iraq’s OPEC Stance
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