Haque: GCC Region Not Immune From Global Slowdown

The video discusses the outlook for oil prices, highlighting the potential for an upside due to supply constraints and increased demand, particularly from China. It examines the impact of oil prices on Gulf economies, noting that high prices have led to budget surpluses. The video also explores the economic dynamics in the UAE, considering currency and interest rate challenges. Finally, it addresses potential recession scenarios and government responses, including strategic oil reserve replenishment and OPEC production cuts.

How does high oil liquidity affect the impact of high interest rates in the GCC?

What measures might governments take in response to a protracted recession?

What is the expected response of OPEC plus if oil prices drop significantly?