A region in the world economy.
Gulf and Middle Eastern economies, reported as an influential part of global finance, energy and geopolitics.
Kuwait, Qatar and Bahrain face the deepest contractions as the Hormuz disruption cuts oil and gas output, while Oman is the only GCC state forecast to grow.
Washington ordered non-essential diplomats out of Saudi Arabia after strikes on Dammam airport and the Shaybah oilfield, as Aramco told staff to leave its Dhahran headquarters.
Kuwait, Qatar and Bahrain face the deepest contractions as the Hormuz disruption cuts oil and gas output, while Oman is the only GCC state forecast to grow.
Washington ordered non-essential diplomats out of Saudi Arabia after strikes on Dammam airport and the Shaybah oilfield, as Aramco told staff to leave its Dhahran headquarters.
