Latest / The Emerging Markets Podcast with Fexingo: Developing Economies, Growth, and Investment
Why Saudi Arabia Is the Emerging Market Safe Haven in 2026
Episode 37 of The Emerging Markets Podcast examines Saudi Arabia's surprising resilience amid the Iran war and the Hormuz closure. With OPEC+ approving a fourth oil output quota hike since the strait's closure, Saudi Arabia is capitalizing on higher volumes and stable production. Lucas and Luna discuss how the Kingdom's fiscal breakeven oil price has fallen to around $80 per barrel, its sovereign wealth fund is deploying capital globally, and the Saudi riyal's peg to the dollar offers a safe harbor for EM investors fleeing volatility. They compare Saudi performance to…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.