Gulf Trade
The Strait of Hormuz: A Narrow Passage with a Wide-Reaching Impact on the GCC Economy
Imagine a narrow artery carrying the very lifeblood of an entire region. That’s the Strait of Hormuz for the economies of the six Gulf Cooperation Council (GCC) countries – Saudi Arabia, Kuwait, Qatar, Bahrain, Oman, and the United Arab Emirates (UAE). This seemingly tiny waterway holds immense strategic and economic importance, impacting not just the […]