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Gulf economies have contracted by 5 percent due to the Hormuz crisis, affecting energy exports and regional diversification efforts. The situation is particularly evident in Saudi Arabia's Olaya district in Riyadh.
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Gulf economies have contracted by 5 percent due to the Hormuz crisis, affecting energy exports and regional diversification efforts. The situation is particularly evident in Saudi Arabia's Olaya district in Riyadh.
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Gulf Economies, Torn by War in Iran, Desperately Need a Return to Normal
Gulf Economies Experience 5 Percent Decline Amid Hormuz Crisis