The Crisis of the Gulf Cooperation Council and its Impact on Energy Markets

By Richard Kent

GCC statesThe economic blockade of Qatar by its neighbouring Gulf states in the Gulf Cooperation Council (GCC) on the 5 June, has caused rifts and uncertainty in global energy markets, and conveys a rebalancing of power and emergence of strategic foreign and energy policies within the wider MENA region. The blockade halted all land, air, and sea traffic, and GCC states have expelled all Qatari diplomats and citizens, causing a diplomatic crisis.

Read the full article in our newsletter no.66.