Iran / War – Gulf States in Need of Money! Does Trump Now Save the Rich Oil Sheiks?

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Trump family and Gulf states in focus: billions deals, crypto transactions and political explosiveness in the shadow of Iran's war.

echo24.cz

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The Gulf states usually earn their dollar revenues from oil exports. But those revenues are drying up quickly because of the war with Iran, and the wealthy monarchies there are running into financial problems. As US Treasury Secretary Scott Bessent confirmed this week, the Gulf states have asked the United States for currency swaps to help them deal with energy shocks and other consequences of the war with Iran. Their financial crisis is not ins…