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PwC Middle East Economy Watch: The GCC’s roadmap for resilience amid energy and trade pressures

Summary by Zawya
Crude oil production across seven OPEC+ members bordering the Strait of Hormuz fell to 14.6 million barrels per day in April, down around 40% compared with February levels
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ZawyaZawya

PwC Middle East Economy Watch: The GCC’s roadmap for resilience amid energy and trade pressures

Crude oil production across seven OPEC+ members bordering the Strait of Hormuz fell to 14.6 million barrels per day in April, down around 40% compared with February levels

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Zawya broke the news on Wednesday, May 20, 2026.
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