Saudi Arabia is the largest exporter of oil in the world, one of only three producers able to sustain production around 10 million barrels per day (b/d) and the only oil producer that can increase production by 2 million b/d rapidly.
The Chinese solar industry is strategically expanding into Gulf markets, leveraging the region’s immense solar potential while navigating the risks associated with intense competition and harsh environmental conditions.
As new trade routes are emerging in Eurasia, Gulf states are increasingly looking to the transit and investment potential of the South Caucasus, particularly Azerbaijan and Georgia.
The sharp decline in oil prices raises difficult questions for OPEC+ and, if sustained, will have important implications for Saudi Arabia’s fiscal policy.
Through its careful examination of the forces shaping the evolution of Gulf societies and the new generation of emerging leaders, AGSIW facilitates a richer understanding of the role the countries in this key geostrategic region can be expected to play in the 21st century.
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