Saudi Finance Minister, Mohammed Al-Jadaan, has cautioned that recent global supply chain disruptions are now exceeding the impact seen after the COVID-19 pandemic. He noted that ongoing geopolitical tensions could have wider economic consequences if they continue for an extended period of time.

He pointed out that while oil markets often draw the most attention, the pressure is becoming more visible across key industrial sectors such as refined products, fertilisers, steel, aluminium and petrochemicals. 

At FII PRIORITY Miami 2026, Al-Jadaan said the current disruptions affecting global trade and logistics are “beyond what we have seen even post-COVID,” indicating that risks are building up even if it’s not fully visible in the market yet. 

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“It’s not really oil that has been severely impacted,” he said. “It’s the broader supply chain that needs urgent attention.”

Al-Jadaan also called for fast solutions to regional tensions, warning that prolonged disruption could lead to more serious economic repercussions if the situation remains unresolved.

At the same time, he noted that economic activity across the Gulf region remains stable on the ground. He advised investors to “mute the media noise” in order to better assess actual market conditions.

Al-Jadaan also identified four main factors influencing capital flows: certainty, resilience, growth potential and long-term planning, along with risk-adjusted returns. He also added that Saudi Arabia has demonstrated these qualities through long-term investment strategies. As an example, he referred to the country’s East-West pipeline, describing it as a project that is now supporting the stability of the global oil supply. 

“We invested for 50 years without return,” he said. “And today we are using that infrastructure to manage global supply.”

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Al-Jadaan also highlighted that Saudi Arabia’s economic performance after the pandemic, stating that they recorded stronger GDP growth than many G20 economies, despite allocating a smaller share of GDP. “Saudi economy came as one of the best globally after COVID,” he said.

He then further noted that countries focusing on proactive, long-term strategies, rather than short-term reactive measures, are better placed to handle economic shocks and attract sustained investment. 

The minister also emphasised the role of human capital and technology, pointing to Saudi Arabia’s young and tech-oriented population as a key factor supporting future growth.

“If you visit Saudi Arabia today, the positive energy in the people is incredible,” he said.

*Image source: Envato (for representational purposes only)