The oil-rich Gulf states are better-positioned to weather the tariff storm — but crashing crude prices could spell trouble
The countries of the GCC — Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar — hold approximately 32.6% of the world's proven crude oil reserves.
https://www.cnbc.com/2025/04/09/oil-rich-gulf-states-face-both-advantages-and-trouble-as-tariffs-hit.html