www.antena3.ro/externe/economiile-din-golf-zguduit

The Gulf economies are facing significant challenges due to the ongoing war in Iran, with the IMF predicting a 5% decline in growth this year. Countries like Kuwait, Bahrain, and Qatar are particularly affected due to their reliance on the Strait of Hormuz. Saudi Arabia's economy contracted by 3.8% in the last quarter, primarily due to a 20.4% drop in oil activity. The region's stability is threatened, impacting sectors beyond oil, including tourism and technology. Oman is the only country expected to see growth, benefiting from higher oil prices and less dependence on the strait. Despite current challenges, long-term investment interest remains strong, with expectations of recovery in the coming years if hostilities decrease.