Greetings from Dubai, Oil & Energy Investors. I am deep in meetings taking place in the Persian Gulf at the moment, and despite preparations, there are always certain developments that manage to surprise me.
These meetings are no different, as some of the intel I analyzed in preparation showed certain ominous tidings. You can read more about those right here.
On a lighter note, Marina and I are currently staying in the luxurious Burj Al Arab, the world’s only seven-star luxury hotel:
And in the meantime, I still have very specific matters I’m keeping an eye on while I’m here. In particular, there are four matters I am dealing with this week while in the Persian Gulf.
1. Mediating Between Bad Blood
First and foremost, I will be attempting to intermediate between one set of my meetings in Dubai (with Emiratis, Saudis, and European/Asian financial representatives) and another in Doha, the capital of Qatar (with Iranian, Qatari, and regional banking interests).
The reason for the various locations for these meetings is quite simple. These days, the Saudis and the Emiratis are on one side of a significant divide. The Iranians and Qataris are on the other.
This diplomatic rift necessitates more tactful travels to keep things from getting too heated.
2. Remaining Impartial
Despite the rift between the two sides, I will be doing the same thing for both: advising both sets of meetings on global market risk impacts from the Gulf crisis.
This is a topic I have covered extensively in Oil & Energy Investor, and inevitably leads to manipulations in the market.
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