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Bloomberg Wall Street Week - July 7th, 2023

Wall Street Week

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The Gulf's Rich Deposits of Oil and Gas Have Attracted Significant Investments From the West

Gulf states have dominated the world of geopolitics because of its rich deposits of oil and gas. Saudi Arabia once again sought to assert its power by extending production limits. Tom Berwick has been an active player in the region for decades. If we're not there to hand in glove, fix the rest of the things they need, China will be there.

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