Messier Hormuz talks will cost MEG economies
- BMI expects Brent crude prices between $80-$95/bbl in 2H26
- Iraq, Kuwait, Qatar and Bahrain face biggest economic hit
- Economic pressures point toward a diplomatic resolution, but not quickly
Economic forecaster BMI says the resumption in US-Iran attacks points to a slower return to normal in the Strait of Hormuz, with harsh implications for Middle East Gulf economies
