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Gulf countries seek economic transformation in the shadow of war
Disruptions in energy shipments and trade routes following attacks on Iran have put pressure on Gulf economies. While the IMF projects contraction for Qatar and Bahrain, regional countries continue to pursue massive investment programs in non-oil sectors to reduce dependency.
News
Energy
25-Year Energy Agreement Signed Between Venezuela and the US
Venezuelan Interim President Delcy Rodriguez announced a 25-year energy agreement with the US. The project, which aims to develop 17 strategic oil fields, targets a daily production of 1.5 million barrels and projects $209 billion in revenue.
Economy
Energy
News
World