Joseph Zhang ‘22 shared an overview of the recent geopolitical conflict in the Middle East, based on his experience developing real estate in Riyadh, Saudi Arabia. He discussed the decrease in missile and drone attacks from Iran, noting that UAE was most heavily targeted while Saudi Arabia remained relatively stable.
The group explored the implications of the conflict on oil prices and global markets, with Joseph explaining how Saudi Arabia's oil infrastructure was largely unaffected. Attendees contributed to the discussion by analysing the potential outcomes of the conflict, suggesting that a managed negotiation could be the likely outcome. The conversation also touched on China's role in the region and its potential to mediate the conflict. Overall, the meeting provided a comprehensive overview of the current situation in the Middle East.