Malik: Commodities Seeing Strong Upside Price Pressures

The transcript discusses the current state of inflation in Gulf countries, the impact of rising commodity prices, and the dynamics of the oil market, including OPEC's role. It examines Saudi Arabia's financial conditions and fiscal policy in light of potential Fed rate hikes. The conversation also touches on the risks of a global recession, shifts in energy policy towards renewables, and the economic challenges faced by non-oil exporting countries, which could lead to social unrest similar to the Arab Spring.

How does the fiscal situation in Saudi Arabia relate to the higher commodity prices?

What changes in energy policy are anticipated in response to the current economic conditions?

What are the potential social impacts of inflation and subsidy reductions in countries like Egypt?