Watch | Operation Epic Fury Has Become Epic Folly

Name: Watch | Operation Epic Fury Has Become Epic Folly - The Wire
Uploaded: 2026-05-26T14:16:55+05:30
Channel: The Wire
Description: Martin Wolf warns that the Gulf crisis is far from over and its most damaging effects may still lie ahead.

Martin Wolf warns that the Gulf crisis is far from over and its most damaging effects may still lie ahead.

Karan Thapar

Martin Wolf warns that the Gulf crisis is far from over and its most damaging effects may still lie ahead.

In a recent op-ed in the Financial Times, headlined "The Gulf Crisis May Just Be Starting," the paper’s well-known and highly respected chief economics commentator, Martin Wolf, examines the impact of an underreported aspect of the Gulf crisis: the deepening shortages, and how their consequences could intensify the longer the conflict persists and the greater the physical damage inflicted in the Gulf region.

Wolf believes that the real crisis may only be beginning. He ends his article with the following observation: ‘The US called its war Operation Epic Fury. But Operation Epic Folly would have been a more realistic name."

In an interview with Karan Thapar for The Wire Wolf gives in-depth views on his article and why he is alarmed not just by energy shortages but also by scarcity of other products derived from it like helium, naphtha, methanol, phosphates, urea, ammonia and sulphur.

This article went live on May twenty-sixth, two thousand twenty six, at sixteen minutes past two in the afternoon.

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