Oil nations outdoors the Gulf money in on the Hormuz disaster | EUROtoday

The US-Israeli battle towards Iran has plunged the Persian Gulf into an unprecedented financial drought. The area of the planet that places – put – probably the most gasoline available on the market is having to accept exporting a really small a part of what it offered earlier than February 28: the little that Saudi Arabia, the United Arab Emirates and Iraq can promote by pipeline. The relaxation – amongst them, a number of names sculpted in bronze within the fossil creativeness: Kuwait, Bahrain or Qatar – have gone from getting cash hand over fist to virtually not with the ability to place a single barrel of oil or a megawatt hour of pure fuel.
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https://elpais.com/economia/2026-05-02/los-paises-petroleros-de-fuera-del-golfo-hacen-caja-con-la-crisis-de-ormuz.html