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Bahrain suffers wartime trade slump
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1 Articles
Bahrain suffers wartime trade slump
The value of Bahrain’s trade fell by 14.5% in the first quarter of the year because of the impact of the Iran war. The value of imports slumped 17% and non-oil exports fell by 10% — a combination leading to a perverse upside for the kingdom by lowering its trade deficit.Bahrain has the region’s smallest economy, and the one most vulnerable to the conflict, with no easy trade routes that skirt the Strait of Hormuz. Oil exports account for half of…
·New York, United States
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Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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