As oil prices fall can Gulf big spenders keep Trump pledges?
Monday, 12 May 2025 () Gulf states, including Saudi Arabia and the UAE, have pledged massive investments in the US. However, falling oil prices pose a significant challenge to their ability to fulfill these commitments, potentially impacting domestic reforms and regional projects. Experts question the feasibility of these pledges, especially given past unfulfilled promises and the current economic climate.
Oil prices have plunged to a four-year low, with Brent crude falling below $64 per barrel amid intensifying US-China trade tensions. The collapse follows Trump’s sweeping tariff move and China’s..
Monday, 12 May 2025 ()
![World at War After Trump Tariffs: Oil Prices Crash to 4 Year Low | Brent Sinks Below $64 [Video]](https://video.newsserve.net/300/v/20250407/1407378320-World-at-War-After-Trump-Tariffs-Oil-Prices.jpg)
