F1 set to scrap races in Bahrain and Saudi Arabia amid Iran war
Expected cancellation of lucrative races highlights widening economic impact of the Middle East conflict
Expected cancellation of lucrative races highlights widening economic impact of the Middle East conflict

Region’s sovereign wealth funds review their portfolios as Middle East war heightens economic strain

Saudi Arabian détente with its regional rival has unravelled as US-Israeli war triggers furious Iranian retaliation

Tehran has a strong incentive to keep the conflict going

Bombardment prompted Iran to halt passage of oil tankers through Strait of Hormuz

The world is a mess but markets seem to be shrugging worries over the fallout of the Iran war

Iran has taken a beating but it retains the advantages of geography, time and a superior tolerance for pain