How Do Oil-Exporting Nations Face the Paradoxes of the Current Crisis?

In an analytical reading of the reality of Middle Eastern countries, the IMF illustrates an exceptional paradox experienced by these economies. Despite massive cash flows from selling oil at high prices, the security threat to the Strait of Hormuz remains a nightmare threatening their exports. To overcome this fragility, economic reports showed that Gulf sovereign wealth funds have become among the largest global investors in the EV supply chain and clean energy technologies, ensuring a financial future away from oil volatility.