And one final thoughtful note… from Joel Bowman, reporting from the Persian Gulf, on what happens to all those fat profits made by oil exporters… and how costs always rise to fill the space available to them… and why whenever a nation discovers that it has an unearned advantage, it quickly finds a way to disadvantage itself

Even if Dubai does manage to keep the lights on and the taps running, the city must also contend with the very clear and present danger of tightening supply chains for raw construction materials.