Ziad Daoud Explains How War with Iran Will Reshape the Gulf

Bullish:

• $ENERGY - Gulf energy infrastructure remains critical for global supply despite conflicts, with Saudi Arabia potentially making more money from oil exports due to higher prices offsetting reduced volumes.

  • “this war has exposed something a couple of things that are very important. First, that The Middle East, despite the rise of renewables, despite the rise of shale oil in The US, despite the rise of alternative sources of energy, The Middle East is still super important for global energy supplies.”

    Ziad·26:12

  • “I think now Saudi Arabia is probably making more money out of oil exports compared to the prewar period, simply because they have that pipeline that goes from the east of the country to the Red Sea.”

    Ziad·27:06

  • “Saudi Arabia exports 30% less now, but oil prices are up by a lot more. So if you take sort of that back of the envelope calculation that tells you Saudi is probably making more income out of its oil exports despite what is going on in the region.”

    Ziad·27:21
• $INFRA - Natural gas turbines and physical infrastructure are extremely scarce due to AI data center buildout, with war damage creating even more demand for rebuilding.

  • “they need natural gas turbines. And we know that natural gas turbines are among the scarcest thing in the world right In world right now, yeah. Due to the AI data center build out.”

    Joe·50:21

  • “here you have even further strain and demand being placed on the sort of physical building blocks of the modern world at a time when they were already very tight.”

    Joe·50:30