Apparently, Arab Gulf states have come to the conclusion that their main alliance with the United States no longer serves their economic and security interests. The Arab stance in general, and the Gulf in particular, regarding the condemnation of the Russian war on Ukraine was indecisive. It did not appear in statements issued by the Gulf capitals only, but was ...
Contrary to what many believe, the Gulf states are probably the biggest loser of the war in Ukraine. Some observers believe that the sanctions imposed by the West on Russian oil and gases, which cause an energy crisis and a dramatic rise in hydrocarbon prices, could benefit the Gulf states. Sanctions on Russia, the world’s second-largest oil producer and the ...