2 min readApr 16, 2026 12:03 PM IST Saudi Arabia’s sovereign wealth fund is reassessing its priorities under the strain of geopolitical tensions, with officials warning that the US-Israel war against Iran is adding pressure to rethink major investments — including the LIV Golf. According to the Financial Times, Yasir al-Rumayyan, governor of the Public Investment Fund (PIF), acknowledged that the conflict is forcing a shift in strategy, saying the war would “add more pressure to reposition some priorities.” The comments come as the nearly $1tn fund unveiled a new five-year plan aimed at tightening spending after a decade of aggressive global investments. If Saudi Arabia pulls back, it would mark a major setback not only for LIV but also for PIF’s broader sports investment strategy, which has made the kingdom a dominant force in global events from Formula 1 to the Fifa World Cup. Against this backdrop, PIF is now on the verge of scaling back — or even ending — its support for LIV Golf, the breakaway tour that ignited a bitter civil …