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Badr Al-Busaidi, Oman’s Foreign Minister: The War Against Iran Revealed Just How Much the Policy of Containment Was a Myth

As the recent conflict in the Gulf leaves the region deeply scarred, the time has come for a clear-eyed assessment, writes the Sultanate’s foreign minister in an opinion piece for Le Monde. In his view, the most serious threats do not come from Tehran, but from Tel Aviv. The people of the Sultanate of Oman […]

Context & Analysis

An opinion from Oman’s foreign minister in the aftermath of regional hostilities is significant because it shows how Gulf states may be recalibrating their security assumptions. Oman has long been seen as a discreet mediator, so public language that questions traditional deterrence and points to new fault lines suggests a more defensive posture among some Gulf capitals. That matters beyond diplomacy: when governments doubt existing guarantees, they tend to spend more on defense, hedge supply chains, and diversify away from exposure to any single power. It also raises the odds of further escalation if regional actors conclude that old balancing formulas no longer protect their ports, energy infrastructure, or trade routes.

For Philippine businesses, the key transmission channel is cost. The country remains heavily exposed to global fuel prices, shipping disruptions, and freight volatility because much of what it consumes—energy inputs, food ingredients, packaged goods, construction materials—moves through international supply chains. A more dangerous Gulf can mean higher insurance premiums, longer transit times, tighter tanker capacity, and less predictable commodity pricing. Those pressures do not stay abstract; they show up in logistics budgets, inflation expectations, consumer spending, and the cost of financing. Sectors with thin margins, especially transport, food processing, retail, manufacturing, and project-based industries, are usually the first to feel it.

Investors should watch energy and commodity prices, shipping confidence, and emerging-market risk sentiment. Regulators and lenders may also monitor credit stress in energy-sensitive borrowers. If disruption persists, the peso may face pressure, bond yields could move as inflation expectations adjust, and equity markets may rotate toward defensives or companies with pricing power. Companies should review supplier concentration, contract force majeure clauses, fuel pass-through mechanisms, and inventory buffers. The practical lesson is that Gulf instability is now a macro variable for Philippine operations, not merely a distant geopolitical headline.

Analysis by IJE Software — original commentary on the story above.

This is an excerpt. Read the full article at the original source:

Source: bworldonline.com

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