World Bank: Gulf States' Economy Shrinks Despite Higher Oil Prices Due to Iran War

By with∅ut-me 08.10.2026 at 11:36 Uhr Companies & Markets Global Economy Wars & Military
TL;DR AI-generated The World Bank forecasts an average economic decline of 4.3% for Gulf states this year. This is attributed to the burdens of the Iran war on trade and business activity, which higher oil prices cannot offset.

Source: euronews.com

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