24 Hrs
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بوابة الفجر
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Gulf holds 70% of oil and gas reserves
The report focuses on the vital role of the Gulf region in the global energy system, as it holds approximately 70% of the world's oil and gas reserves and accounts for between 23% and 25% of global production. This gives the area a significant influence, as any disruptions in the region—especially in maritime navigation through the Strait of Hormuz—pose a threat to the security of global energy supplies. The report emphasizes the importance of diversifying energy sources and maintaining safety margins to ensure the stability of the global market amidst current security and economic challenges.
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