The Conversation

Arab Gulf states can outlast low oil prices, but expect foreign policy to shift

31-08-2015 Author: The Conversation USA

Oil-enriched kingdom: Saudi Arabia's Shaybah oilfield complex at night in the Rub' al-Khali desert.Ali Jarekji/Reuters

What might decreasing oil revenues mean for the Persian Gulf oil states? With low crude prices, high supply and global economic challenges, it is natural to wonder whether the level of dependence on petrodollars by Saudi Arabia and...

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