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Bahrain , Sunday 30 August 2026

Bahrain faces devaluation or default risk from Hormuz closure

Published on: Monday 03 August 2026

Bahrain faces devaluation or default risk from Hormuz closure 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...



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