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Economic Outlook and the Conflict in the Middle East

21/07/2026

During the first session of the 30th Mapfre Global Risks International Seminar, José Luis Jiménez, CFO of Mapfre, provided a detailed overview of the international landscape and explained how the crisis in the Middle East may affect us. To do so, he began by defining two key concepts, geopolitics and geoeconomics, and linked them to major historical conflicts.

The article “History repeats itself in Iran: The economic forces behind the conflicts”, written by Javier Caamaño for mapfre.com, reflects on how interests tied to strategic resources have historically shaped international relations and continue to influence today’s challenges.

During the 30th Mapfre Global Risks International Seminar, held in Cáceres from May 27 to 29, José Luis Jiménez, CFO of Mapfre, delivered a presentation entitled “Economic outlook and conflict in the Middle East”. Jiménez highlighted the concept of “geoeconomics” as a key tool for understanding tensions in the Middle East, emphasizing the role of energy, supply chains, and growing competition for access to essential resources.

At Mapfre Global Risks, we invite you to read Javier Caamaño’s article and not miss José Luis Jiménez’s presentation from the Mapfre Global Risks International Seminar.

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