‘Existential crisis’ looms for GCC economies amid Strait of Hormuz standoff (opens in new tab)

Maritime traffic and trade interests in the Gulf region are coming under increasing pressure\. The Gulf Cooperation Council \(GCC\) countries are heavily reliant on the Strait of Hormuz\. Al Jazeera's Zein Basravi explains the situation from Dubai, United Arab Emirates\. Subscribe to our channel: Follow us on X: Find us on Facebook: Check our website: Check out our Instagram page: Download AJE Mobile App: \#GCC \#USIsraelWarOnIran \#Iran \#USIranCeasefire \#IranWar \#MiddleEast \#Operat...