Bahrain GDP Shrinks 3.8%

ManamaIt fired no shots in the Iran war.

Bahrain’s economy shrank 3.8% anyway, the smallest Gulf economy absorbing a war’s cost.

Bahrain does not control the Strait of Hormuz its oil receipts depend on, and holds the Gulf’s thinnest fiscal buffer.

Brent trades at $88.24, down 4.1% in a week as of August 25.

Sources: Salaam Gateway