The UAE’s Infrastructure & Oil Markets 3/16/26

<p>Starting the third week of the war in the Middle East, Morgan Stanley’s chief of U.S. equity strategy Mike Wilson discusses <a href="https://www.cnbc.com/2026/03/15/oil-prices-today-iran-war.html" rel="noopener noreferrer">the energy and broader markets</a> and considers the likelihood of a recession in the short term. On the ground in Dubai, CNBC’s Dan Murphy reports on <a href="https://www.cnbc.com/2026/03/15/iran-us-war-uae-target-aggression.html" rel="noopener noreferrer">Iran’s strikes on the UAE’s critical energy infrastructure</a> and transportation hub. <a href="https://www.cnbc.com/2026/03/16/us-is-allowing-iranian-tankers-through-strait-of-hormuz-says-bessent.html" rel="noopener noreferrer">The Strait of Hormuz</a> is pivotal to the conflict; President Trump is reportedly …