Gulf economies to shrink despite higher oil prices as Iran war takes toll, World Bank says
- World Bank: 3 events in the last 90 days
- Previous: 5 days earlier · Around 2-6% of World Bank foreign aid got siphoned into crypto wallets
What happened
The Iran war has hit two mainstays of Gulf business: energy exports and aviation. The disruption extends to Europe, where buyers have had to replace missing gas supplies.
Summary assembled by rule from the sources below