Saudi finance minister warns present provide shocks exceed post-COVID influence

MIAMI — Saudi finance minister Mohammed Al-Jadaan warned that latest world provide chain disruptions have surpassed the influence seen after the COVID-19 pandemic, cautioning that continued geopolitical tensions might set off deeper financial penalties worldwide.

Talking at FII PRIORITY Miami 2026, Al-Jadaan mentioned the present disruptions affecting world commerce and logistics are “past what we have now seen even post-COVID,” highlighting rising dangers which have but to be totally mirrored in world markets.

He careworn that whereas oil markets dominate headlines, the true strain is rising throughout vital industrial sectors, together with refined merchandise, fertilizers, metal, aluminum, and petrochemicals.

“It’s not likely oil that has been severely impacted,” he mentioned. “It’s the broader provide chain that wants pressing consideration.”

Al-Jadaan urged a swift decision to regional tensions to forestall additional pressure on the worldwide financial system, noting that extended disruption might result in extra extreme penalties if left unaddressed.

Regardless of geopolitical uncertainties, he mentioned financial exercise within the Gulf stays secure on the floor degree, advising traders to “mute the media noise” to raised perceive precise market circumstances.

Turning to investor sentiment, Al-Jadaan outlined 4 key elements driving capital flows: certainty, resilience, development potential, and long-term planning, alongside risk-adjusted returns.

He mentioned Saudi Arabia has demonstrated these attributes by way of a long time of strategic funding, citing the Kingdom’s East-West pipeline as a long-term infrastructure venture that’s now enjoying a vital function in sustaining world oil provide stability.

“We invested for 50 years with out return,” he mentioned. “And right now we’re utilizing that infrastructure to handle world provide.”

Al-Jadaan highlighted Saudi Arabia’s post-pandemic financial efficiency, noting that the Kingdom achieved stronger-than-average GDP development in comparison with G20 economies, regardless of spending a decrease share of GDP on stimulus measures.

“Saudi financial system got here as probably the greatest globally after COVID,” he mentioned.

He added that international locations with proactive, long-term methods — reasonably than reactive insurance policies — are higher positioned to soak up financial shocks and appeal to sustained funding.

The finance minister additionally underscored the significance of human capital and technological readiness, pointing to Saudi Arabia’s younger, tech-savvy inhabitants as a key driver of future development.

“When you go to Saudi Arabia right now, the constructive vitality within the folks is unbelievable,” he mentioned.

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