Most Gulf area economies face deeper downturns this year on Hormuz disruptionPost author:Empeiros CapitalPost published:July 17, 2026Post category:Uncategorized Most Gulf area economies face deeper downturns this year on Hormuz disruption 2026-07-17 04:00:00 Reuters You Might Also Like Oil prices drop on Ukraine peace plan; set for weekly declineNovember 21, 2025 Chile's copper output, manufacturing production fall in OctoberNovember 29, 2025 Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts sayMarch 1, 2026