The Decline and Fall of the Gulf’s Oil Empire Is Looming
Workers pass oil transport pipes at Saudi Aramco’s Abqaiq crude oil processing plant following a drone attack in Abqaiq, Saudi Arabia. (Photographer: Faisal Al Nasser/Bloomberg)  

The Decline and Fall of the Gulf’s Oil Empire Is Looming

(Bloomberg Opinion) -- For much of the world, oil wealth is a curse. Endowed with ample reserves of hydrocarbons, the likes of Nigeria, Angola, Kazakhstan, Mexico and Venezuela frittered the benefi...
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