The Iran war has made life even more precarious for millions of foreign workers in the Middle East. They have helped build the Gulf Arab states'' modern, oil-fueled economies — with many not fully sharing
The price of flights between Asia and Europe has soared after the closure of key Middle Eastern hubs due to the U.S.-Israel war against Iran, with
Oil exporters around the Gulf that are directly affected by the war face steep downward revisions of up to 15 percentage points this year, with five out of eight seeing outright contractions, before experiencing
Aluminium has become one of the GCC''s most important non-oil industries. An overview of the region''s smelters.
For the oil and gas exporters in the Gulf, the US-Israeli war with Iran has already exacted a heavy toll through lost revenue. Matters could get even worse if major installations are seriously
Although that episode subsided relatively quickly, it reinforced a structural reality: the Gulf remains the world''s most important energy corridor, and
Gas is a high priority for the Gulf national oil companies. But several costly domestic projects could be deferred, and in the longer term there is ample competition for domestic gas.
Implications for fertilizer trade and production Over the past three years (2023-2025), the Gulf countries were the single biggest regional exporter of urea and ammonia (both nitrogen-based),
In this two-part report, the Burke Chair examines the current military balance in the Gulf and analyzes how changing conditions may affect U.S. interests and its commitments to the region.
Along with spiking oil prices, Iran''s de facto closure of the Strait of Hormuz is raising fertilizer costs by up to a third. Farmers are bracing for soil
Live estimates of US military spending, Gulf state economic disruption, Iran infrastructure damage, missile strike counts, and conflict-driven market impact. Updated in real-time.
As of January 16, 2025, the insurance industry in the Gulf Cooperation Council (GCC) region has been witnessing significant shifts and advancements that are
Iran has reportedly caused billions of dollars in damage to U.S. military assets and bases in the Gulf region, sparking questions about the Trump administration''s transparency regarding
How Does Azure Region Pricing Vary? With this regional distribution as a starting point, let''s look next at costs for instances. Here is a somewhat random selection of Azure region pricing
Consumer-packaged-goods (CPG) manufacturers operating in the GCC are poised to benefit from rising consumer demand. The region is attractive for other reasons as well: governments in the GCC are
Airspace advisories issued in connection with Iranian military exercises have led several airlines to reassess routes over southern Iran and the
The Gulf region possesses the largest oil reserves alongside the lowest production costs, according to Andrew Follett. He notes that while Kuwait, Bahrain, and Qatar currently rely on the
Desalination has been identified as one technology that could help solve Gulf Cooperation Council (GCC) countries'' water scarcity problem.
As a result, insurance costs for ships sailing through those area have also soared, with the potential for the insurance costs to rise further as regional
Maritime traffic through the Strait of Hormuz -- a vital shipping corridor for aluminum -- has effectively come to a standstill, driving up aluminum prices and raising concerns about supply shortages.
Importers across the Gulf are scrambling to secure alternative routes for vital goods - from food to medicines and factory supplies - as the effective
War in the Middle East has caused significant damage to energy infrastructure and the near closure of the Hormuz Strait, driving oil prices up, but what about the region''s other exports?
War in the Middle East has triggered severe global supply disruptions in oil and gas, with reported damage and shutdowns affecting liquefied natural gas (LNG) trains, refineries, fuel terminals
Insurance underwriters are increasing premiums for ships that pass through the Persian Gulf in response to recent attacks in the region. Sources told The Lodestar that after the attack on
One of the main causes of rising lifestyle costs in the Gulf is inflation. While Gulf countries have tried to keep inflation in check, global supply chain disruptions and high import costs have
Gulf energy infrastructure repair and restoration costs to date could reach at least $25 billion, based on an initial assessment of impacted facilities, and are expected to rise further as the
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