The end of the traditional oil equation.
Arabs are forced to diversify their economy and examine their security patterns.
The recent war has shown how vulnerable the security of the Middle East and the global economy are to disruptions in energy bottlenecks.
This crisis has challenged the reliance on fossil fuels and can accelerate the transition to clean energy; However, the price shock may simultaneously increase investment in oil.
For the Persian Gulf states, dependence on oil income, US military support and the location of the Strait of Hormuz have become strategic vulnerabilities; Because hosting the American bases is not immune and the infrastructure is in danger.
Although diplomatic channels and regional mediation are active, fundamental differences between Tehran (the request for the lifting of sanctions, the release of assets and the end of the naval blockade) and Washington (with an emphasis on the nuclear issue) prevent an early agreement.
Even with the end of the war, the previous order will not return, and the Arabs are forced to diversify their economy and examine their security patterns.
Full text.
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The official channel of Donya Akhtaz newspaper.