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Daniel James Muncaster

Referent in der Direktion

Tel: +49 30 27877-102 Mail: Muncaster@iwkoeln.de Daniel James Muncaster

IW Publications

Muncaster, Daniel James, 2026, A Different Kind of Oil Shock. Why the 2026 Hormuz Crisis May Not Enrich the Gulf, and What That Means for Germany, IW-Kurzbericht, Nr. 34, Berlin
Zur Studie

More from Daniel James Muncaster

IW-Kurzbericht No. 34 12. May 2026 Daniel Muncaster

A Different Kind of Oil Shock

Despite the unprecedented scale of the unfolding energy crisis, the Gulf states are unlikely to accrue the kind of windfall profits they captured in 1973 and 1979 – this may worsen the impact of the energy crisis on Germany, which historically profited from Gulf exporters’ “recycling” their profits into German industry.