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Showing posts with the label “Saudi oil”

UK: Burnham Has Found His Middle East War

The UK is engaged in a war to protect the Saudi oil . Related Britain relies heavily on capital inflows from the Arabian Gulf to manage structural trade deficits, stabilize its currency, and finance vital national infrastructure.  Total investment assets and liabilities between the UK and  Gulf Cooperation Council (GCC)  states reached roughly  $643 billion (£485 billion) . This deep financial interdependence stems from the Gulf's massive sovereign wealth funds recycling oil-generated revenues (petrodollars) back into Western economies. Britain runs a persistent and large structural trade deficit. It requires external capital inflows to fill the financial gap and balance its books .  Gulf funds hold multi-billion-pound stakes in essential British transport and infrastructure, including  Heathrow Airport and London's  Thames Gateway Docks . AngloArabia: Why Gulf Wealth Matters to Britain’