Houthi-allied tribesmen in Yemen brandish their weapons

Oil prices shape Gulf states’ geopolitical moves

  • Gulf states are facing huge budget deficits due to low oil prices
  • They are already beginning to reduce spending on military, foreign aid and domestic programs
  • The biggest geopolitical impacts include reduced funding for Egypt, less involvement in the Yemen conflict and a burgeoning partnership with Russia

The countries of the Gulf Cooperation Council (GCC) – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE) – have all been hit hard by the precipitous drop in oil prices over the past two years. The degree to which each of these states has been affected varies, but all have had to reduce spending. This has important geopolitical impacts – from reduced funding for aid and military activity, to cuts in domestic spending that could escalate instability.

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 Bernard Siman
Low oil prices will force GCC members to run budget deficits for at least the next five years
read more about it in the report
What's inside
  • Gulf states are facing huge budget deficits due to low oil prices
  • They are already beginning to reduce spending on military, foreign aid and domestic programs
  • The biggest geopolitical impacts include reduced funding for Egypt, less involvement in the Yemen conflict and a burgeoning partnership with Russia
Who will benefit?
  • Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
  • Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.
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