Strategy Note / Global

Bahrain-Israel: Signal on Saudi intentions is ambiguous

  • No question of Bahrain breaking ranks and risking the bilateral financial support from Saudi et al on which it depends
  • Saudi signal more important but ambiguous: either this is as far as it will go or Bahrain is a test for citizen reaction
  • Context for normalisation (not "peace deals") is shared suspicion of Iran, alignment with the US, and a Biden hedge
Problem based learning

To continue reading this article, sign up for your free Tellimer account.


This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a res...

Full Tellimer disclaimers