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Prospects for the Gulf states to end-2017

Content type:: Expert Briefings
Location:: PROSPECTS H2 2017
Keywords associated with this article:: Geographic: Gulf states ME/NAF Bahrain Kuwait Oman Qatar Saudi Arabia United Arab Emirates Iran United States Yemen PROSPECTS H2 2017

Topical: economy international relations politics debt energy fiscal foreign policy government oil
ISSN:: 2633-304X
Citation:: Oxford Analytica (2017), "Prospects for the Gulf states to end-2017", Expert Briefings.
https://doi.org/10.1108/OXAN-DB221288

Monday, June 5, 2017

Subject

Prospects for the Gulf states to end-2017.

Significance

Gulf Cooperation Council (GCC) countries agree on the need to check Iran’s regional aspirations, but differ radically on how to achieve this goal -- pushing Saudi Arabia, Bahrain and the United Arab Emirates (UAE) to open confrontation with Qatar and leaving Kuwait and Oman caught uncomfortably in the middle. At the same time, they face the major challenge of adjusting their economies to long-term expectations of lower oil revenue.

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