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The Geopolitical Shifts Shaping the Middle East

The geopolitical transformations in the Persian Gulf, which has been primarily driven by oil. Oil, also known as "black gold," has significantly transformed the monarchies of Kuwait, Bahrain, Qatar, the United Arab Emirates, Oman, and Saudi Arabia, making them "petromonarchies." Oil's influence extends to the entire international oil industry, with new players gradually gaining relevance over time.

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