Trump promised that he would come back and encourage the local oil and gas sector in order to increase output - this means that the supply will increase (even if the sanctions on Iran return) and the price will decrease - this means the decrease in income of the Gulf countries mainly. 

On the other hand, for "poor" countries such as Egypt, Jordan, Morocco, etc., lower energy prices are excellent news. However, these countries that need financial aid from the US and received it from the Biden administration should take into account that the Trump administration will stop them.

The tariff increase planned by Trump on imported products should worry the Arab countries that do not excel in an advanced industrial base. If, as in the previous term, Trump presses for lowering the interest rate, this will directly affect the currencies whose currency is pegged to the dollar. The lowering of interest rates in these countries may lead to the outflow of foreign capital from their markets.

And there is also an opportunity for the Arab countries, especially those with an advanced logistics infrastructure - they could be part of the replacement for the production lines that will come out of China due to the measures that Trump is planning against it.

Photo: Reuters