Bahrain faces devaluation or default risk from Hormuz closure
Published on: Monday 03 August 2026
By IntelliNews Gulf bureau The renewed closure of the Strait of Hormuz threatens to push Bahrain towards a currency devaluation or sovereign default without fresh outside support, research house Capital Economics said in a note on August 3. The warning marks out the smallest Gulf monarchy as the region's most financially exposed to the oil chokepoi...
News source: https://www.msn.com/en-us/money/markets/bahrain-faces-devaluation-or-default-risk-from-hormuz-closure/ar-AA29mCTm