from Part I - The Birth of the Petro-State: How Oil Reshaped the Gulf
Published online by Cambridge University Press: 13 October 2025
This chapter offers a critical analysis of the Gulf region’s industrial transformation, identifying the 1973 oil embargo as a key moment that accelerated industrial investment. It undertakes a rigorous exploration of the geopolitical forces that sculpted the region’s economic and industrial trajectory during this pivotal era. By meticulously tracing the enduring geopolitical repercussions from the early 1970s to their contemporary manifestations, the analysis exposes the strategic economic restructuring undertaken by Gulf states in the wake of the embargo. This investigation illuminates the intrinsic interconnectedness of global politics, economic ambitions, and industrial growth within the Gulf and illustrates the profound and enduring legacy of these historical events in shaping the region’s modernization and evolving global status.
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