Briefing: Middle East war: Gulf economies on the brink of suffocation
Strategic angle: Gulf nations face economic challenges as hydrocarbons remain a significant part of their GDP amidst geopolitical tensions.
Editorial Staff
1 min read
Updated 4 months ago
Hydrocarbons account for about 30% of Gulf countries' GDP.
The blockade of the Strait of Hormuz is impacting imports.
Diversification efforts are underway but face significant hurdles.