Crude oil is being sold free of charge. This is not a good news for anyone. Gulf is the source of money and employment for the rest of the world.
Once they stop, lot of things will come to a halt.
They will stop buying things from India, Pakistan, Italy, Germany, France and the USA.
They will stop recruiting people. Tax free decent salaries are available only there.
Existing workers will be asked to do more work for the same salary or less.
There may be income tax introduced to take care of government spending.
There may be , selective or absolute ban on taking out money.
We are all inter dependent and please don’t look at any of these issues as ‘ theirs’.