Oil exporters directly affected by disruptions have seen a sharp slowdown
Double-Digit Pain Ahead for Gulf Economies? What Data Shows
In short
Gulf economies face a severe economic slowdown, with a predicted double-digit decline in activity due to disruptions in oil exports, as evidenced by the data.
Key points
- Economic activity is expected to decline by double digits.: Economic activity is expected to decline by double digits.
- Data indicates a sharp reduction in oil exports.: Data indicates a sharp reduction in oil exports.