The wholesale price of gas has risen, and this is already the Fourth Gulf War. In this crisis, other crises have emerged more sharply, as it is linked to the backbone of the global economy: the energy sector. Just as was the case during the COVID-19 pandemic, the world is now facing a new crisis, more severe for national and global economies than any crisis since World War II. The Arabian Gulf region has witnessed three major wars: the First Gulf War (the Iran-Iraq War 1980-1988), the Second Gulf War (the Liberation of Kuwait War 1990-1991) from the Iraqi occupying forces, and the Third Gulf War (the US invasion of Iraq 2003) that toppled the Saddam Hussein regime.
