21 Jul 2026. Warehouse demand is rising in Dubai, and prices with it, despite the conflict. We speak to Sean Swinburne of ValuStrat about why. Plus, with the Strait of Hormuz disrupted, Gulf oil has leaned on the Red Sea and overland pipelines. Now that backup is under pressure too. We get the analysis on what it means for supply and prices with Robin Mills of Qamar Energy. And gold was the UAE’s leading non-oil trade commodity in the first half of the year, new numbers show. We find out more about how it’s been moving with Aliasgar Tambawala of the Klay Group.