Geopolitics
The Gulf's Gambit: Reinventing Rentierism in the Shadow of the Energy Transition
For over fifty years, Gulf states like the UAE, Saudi Arabia, and Qatar have built their political systems and economies on hydrocarbon revenues, but the global energy transition is now forcing a strategic shift towards diversification and clean energy investment while maintaining their oil-based power. This delicate balancing act exposes the raw political struggle at the heart of the energy transition, where resource-cursed nations of the Global South are forced to navigate a path to survival in a system still rigged by historical dependencies and Western-driven market pressures.
