Part 1/11:
The Gulf States' Strategic Transition from Petro-Dollars to a Diversified Global Financial Ecosystem
In recent years, the Gulf Cooperation Council countries have embarked on a deliberate and strategic shift away from their traditional reliance on oil revenues and the petro-dollar system. Recognizing the finite nature of oil’s role in the global economy and their own economic futures, these nations are laying the groundwork for a post-petrodollar era by diversifying their economic alliances, investing in advanced technologies, and fostering multilateral cooperation with emerging global powers.