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The Most Important Election In The Middle East

The Jacob Shapiro Podcast

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The Gulf and the Future of Oil

The Gulf is probably the part of the Middle East that bore me because it feels like nothing changes. The fractures in the global oil market and global energy market caused by the Russian-Ukrainian war are changing things. For Riyadh, it is not picking sides. It is prioritizing their internal development. They're selling oil to the Chinese for as long as they possibly can. Americans are tired of dying in wars for oil or whatever appears to be wars for oil. And so these Gulf Arabs are on their own.

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