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The "Responsible Statecraft" Center report highlights the efforts of Gulf Cooperation Council countries to enhance their resilience amid the ongoing war and the closure of the Strait of Hormuz. These efforts include building alternative export routes, expanding external production, strengthening strategic reserves, and reinforcing vital infrastructure. The report emphasizes that the Gulf's oil and gas reserves remain the most profitable globally, despite political risks posed by Iran's potential closure of the Strait of Hormuz, which encourages diversification of export regions. Qatar is making significant investments to bolster its financial strengths, having repatriated approximately $13 billion of Western assets to support local liquidity. It is also working to restore its natural gas production capabilities through projects like Ras Laffan, with expectations of a rapid recovery in production capacity and diversification of geographic investments in the energy sector.
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