@Bloomberg @MiddleEast Jerusalem journalist. Posts and RPs may be whimsy.
Joined December 2010
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Dan Williams retweeted
Just to state the obvious:
It’s entirely possible to oppose aid to Israel— whether on moral, foreign policy, or financial grounds — without promoting the fiction that such aid, or Israel itself, is responsible for what Americans pay for their groceries.
Dan Williams retweeted
We're hosting a webinar on the Middle East, war, and the global economy
@AbeerAO1 will moderate, and I'll do some speaking
Date: Thursday, 29 October
Time: 14:00 Dubai | 13:00 Riyadh | 10:00 GMT | 6:00 EDT
If you're interested, please register here: go.bloomberg.com/join/invite…
Dan Williams retweeted
“All signs are leading to escalation,” Bloomberg Chief Emerging Markets Economist @ZiadMDaoud tells @davidgura and @EenaRuffini about the state of the Iran war as oil nears $117/barrel. “Unfortunately, there are no live negotiations that are taking place in which you can draw hope from. There are only threats. There's only military escalation and military buildup in the region.”
Dan Williams retweeted
I spoke with @bloombergtv about how the Middle East today feels similar to February before the Iran war; how the risk of renewed fighting is rising; and how the oil market is reacting.
More warnings, less optimism, I’m afraid. Sorry.
youtu.be/yyHYpWtXYEU?si=djn3…
Dan Williams retweeted
Missed our in-person discussion on the Middle East, war, and the global economy?
You can join us virtually for a webinar
Date: Thursday, 29 October
Time: 14:00 Dubai | 13:00 Riyadh | 10:00 GMT | 6:00 EDT
If you're interested, please register here: go.bloomberg.com/join/invite…
Dan Williams retweeted
The Middle East feels eerily similar to its pre-Iran war state in February
Threats from all sides
Warnings for diplomats to leave
Military buildup
Even the differences suggest renewed fighting is more, not less, likely
Analysis with @DEsfandiary & @becca_wasser on @TheTerminal
Dan Williams retweeted
Personal news: thrilled to announce I joined Bloomberg News as a Middle East oil reporter in Dubai this week. Look forward to taking on the challenge of covering the biggest energy crisis with some of the best in the biz.
Thanks to all who made the Reuters journey memorable.
Dan Williams retweeted
Saudi Arabia is cash rich: ~$700 billion in foreign assets
But cashflow poor: it has been running two deficits (chart)
The Iran war, and the fighting with the Houthis, are adding to the bill
Full analysis on @TheTerminal
Dan Williams retweeted
MIDDLE EAST FLOWS: Not only flows have proven resilient, but over the last few days (particularly since Oct 16), SoH traffic has surged despite Iranian attacks.
Total Middle East crude flows (ex-Iran, including SoH and all the bypass pipelines and routes) are back to >90% of pre-war levels (last seen in late Sept), and even higher if using a short 7-day average. Refined products flows remain significantly below. Caveat: flows are very uneven, with some days of large number of tanker crossings, followed by very quiet days.
Overall, physical Middle East crude oil premia has continued to drop; just the opposite of what has happened to flat prices. The Oman-Dubai differential has fallen to a 3-month low of ~$4 a barrel. The differential was >$30 a barrel in mid-Sept.
MIDDLE EAST OIL FLOWS: Despite a wave of Iranian attacks since the beginning of October, total Middle Eastern crude oil flows (ex-Iran) remain resilient. Flows are becoming, however, lumpier (days of multiple tanker crossings followed by days of very few tankers).
Overall, Middle East (ex-Iran) crude flows, including Strait of Hormuz plus all the bypass routes, are holding at ~75% of pre-war levels, down from a ~95% *peak* in the last days of September. Crucially, despite the drop in recent days, the Oct 1-Oct 10 period average remains above Sep full month average (and well above full month August). Kuwait is struggling the most right now. UAE, Iraq and KSA (the last one using both Persian Gulf and Red Sea) are doing relatively well.
All said, the risk is to the downside if the Iranian attacks continue (and if they become more successful). Iran has sunk at least one container ship in the SoH over the last 24 hours. The same goes for Red Sea flows under Houthi / Iraq militias potential attacks. For Iran itself, Hormuz remains closed.
One key indicator to follow: despite the Iranian attacks against SoH traffic, the physical premium for Middle Eastern crude has come down significantly in recent days, touching today a near 2½-month low.
Dan Williams retweeted
Oil traders are increasingly pricing the battle over the Strait of Hormuz as the new normal. Futures contracts for brent crude in December 2027 are now close to $90 a barrel, the highest ever and a sharp departure from even a month ago.
Dan Williams retweeted
Wealthy buyers continued to snap up #Dubai luxury homes in Q3, although sales volumes fell about 17% from 2025 despite Iranian attacks earlier this year.
*86 homes priced at $10m+ sold in Q3 2026 vs 103 in Q3 2025. In 2024, it was 83 sales.
bloomberg.com/news/articles/…
Dan Williams retweeted
Iran is bracing for renewed US airstrikes, and its leaders are trying to deter Washington with claims of reconstituted – and new – defensive capabilities, as well as the threat of pre-emptive attacks
bloomberg.com/news/articles/…
Dan Williams retweeted
MIDDLE EAST OIL FLOWS: Despite a wave of Iranian attacks since the beginning of October, total Middle Eastern crude oil flows (ex-Iran) remain resilient. Flows are becoming, however, lumpier (days of multiple tanker crossings followed by days of very few tankers).
Overall, Middle East (ex-Iran) crude flows, including Strait of Hormuz plus all the bypass routes, are holding at ~75% of pre-war levels, down from a ~95% *peak* in the last days of September. Crucially, despite the drop in recent days, the Oct 1-Oct 10 period average remains above Sep full month average (and well above full month August). Kuwait is struggling the most right now. UAE, Iraq and KSA (the last one using both Persian Gulf and Red Sea) are doing relatively well.
All said, the risk is to the downside if the Iranian attacks continue (and if they become more successful). Iran has sunk at least one container ship in the SoH over the last 24 hours. The same goes for Red Sea flows under Houthi / Iraq militias potential attacks. For Iran itself, Hormuz remains closed.
One key indicator to follow: despite the Iranian attacks against SoH traffic, the physical premium for Middle Eastern crude has come down significantly in recent days, touching today a near 2½-month low.
Dan Williams retweeted
The Singaporean government confirms that the GFS PRIDE container ship has sunk in waters near the Strait of Hormuz after an (Iranian) attack. All the crew is safe. The 220-long ship was under the flag of Singapore.
Dan Williams retweeted
CHART OF THE DAY: Economic pain alone may force Tehran -- or may not -- into softening its red lines. I don't know. What we know is the pain is very real. According to new IMF estimates, Iran will suffer in 2026 the biggest GDP contraction in nearly 40 years, down 7.6% y-on-y.
