The IMF said Saudi Arabia's fiscal buffers and spare oil-export infrastructure are helping the kingdom absorb shocks from the Iran war. Despite an escalation this month, including deadly Houthi strikes on major Saudi airports, IMF Middle East and Central Asia director Jihad Azour said at the IMF annual meetings in Bangkok that Saudi is better positioned than other Gulf states to withstand the disruption. He cited Saudi reserves and infrastructure investment that enable rapid re-routing of oil ex

The IMF said Saudi Arabia's fiscal buffers and spare oil-export infrastructure are helping the kingdom absorb shocks from the Iran war. Despite an escalation this month, including deadly Houthi strikes on major Saudi airports, IMF Middle East and Central Asia director Jihad Azour said at the IMF annual meetings in Bangkok that Saudi is better positioned than other Gulf states to withstand the disruption. He cited Saudi reserves and infrastructure investment that enable rapid re-routing of oil exports.