Can The Middle East Survive Without Oil?

Above: Can The Middle East Survive Without Oil?

As oil prices remain low, oil rich Middle Eastern countries search for new revenue sources. How are oil states such as Saudi Arabia diversifying their economies? Many people believe that not even the mighty Middle East can survive cheap oil forever.

Territories and regions usually within the Middle East are Bahrain, Cyprus, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Palestine, Qatar, Saudi Arabia, Syria, Turkey, United Arab Emirates, and Yemen.

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