Why GCC Nations Bear The Brunt Of Iran-US-Israel War
Gulf Cooperation Council (GCC) nations have been hit much-hard by Iran-US-Israel war due to Iran has halted the Strait of Hormuz. This strait is a key route for one-fifth of global oil and LNG exports, which causing economic strain, rising fuel and gas costs. Iran's retaliatory strikes across the Gulf have also rised security risks for Gulf economies.