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2026-09-18T19:09:38.000Z

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GCC Countries Central to Global Energy Security

GCC Countries Central to Global Energy Security

The Secretary-General of the Gulf Cooperation Council (GCC) emphasized that the member states have demonstrated their ability to support peace and stability, and to safeguard regional energy security—particularly through enhanced economic and political cooperation. He clarified that the Council maintains its firm stance on the Palestinian issue and rejects forced displacement, while actively fostering diplomatic cooperation with countries such as Qatar and Oman to ensure regional stability and help realize their economic aspirations. The region's economies collectively exceed $2.4 trillion and are expected to reach $6 trillion by 2050, with sovereign wealth funds totaling up to $5 trillion. He called on the international community to assume its responsibilities in safeguarding the security of the Strait of Hormuz and ensuring international navigation. He also highlighted the importance of regional dynamics in strengthening stability and economic development in the area.

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