Qatar's Minister of State for Energy and CEO of Qatar Energy, Saad bin Sharida al-Kaabi, warned of the risk of a global economic collapse due to the escalation in the Middle East.
“This will lead to an economic collapse. If the war continues for a few more weeks, it will affect the growth of global GDP. Energy prices will rise for everyone. Some products will be in short supply and this will cause a chain reaction, as a result of which factories will not be able to supply“, he said in an interview with the Financial Times.