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Rusted iron sculpture on a coastal cliff overlooking the open sea, with a sailboat visible on the horizon

Decks and Deals Weekly #38

The week of March 29 to April 4, 2026 brought a missile into Qatari sovereign waters, the first Western vessel through the Strait of Hormuz, and bunker prices that rewrote their record book

Aerial night view of Ras Laffan Industrial City in Qatar, showing vast LNG processing infrastructure illuminated in golden light across the desert

The Gulf states were never built to last

On 28 February 2026, Iranian missiles struck Dubai, Doha, and Saudi Arabia’s Eastern Province. The world called it a shock. It was, in fact, a long-overdue reckoning with four decades of structural denial