Kuwait
![oil](/sites/default/files/styles/thumbnail_medium/public/2024-02/Pumpjack_Simon%20J_Pixabay.jpg?itok=Xp0wa71w)
The Gulf Arab states and the new ‘East-East’ axis of world oil
Adam Hanieh — A major shift has taken place in the control of world oil over recent decades: the seemingly unstoppable rise of national oil companies run by governments in the Middle East, China, Russia and others in the Global South.