The Persian Gulf Trade

The Persian Gulf Trade involves the exchange of goods, mainly oil and gas, between Middle Eastern countries like Saudi Arabia, Iran, Iraq, and Kuwait, and the rest of the world. This region holds some of the world’s largest oil reserves, making it a global energy hub. Ships transport these resources through busy routes in the Gulf, supporting global economies. Besides energy, the region also trades in commodities like petrochemicals, metals, and textiles. The trade is vital for global energy supply and economic stability, but it can be affected by geopolitical tensions and conflicts within the Gulf states.