Gulf Economies Struggle Amid Iran War, Seek Return to Stability

Gulf Economies Struggle Amid Iran War, Seek Return to Stability

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This report highlights how Gulf states such as Saudi Arabia and the United Arab Emirates, which have been working to diversify their economies away from energy dependence, are experiencing significant economic downturn due to ongoing conflict in Iran. The turmoil has caused growth to plunge, underscoring the urgent need for a return to normalcy in the region.

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Originally published by nyt