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With so much disruption in the Middle East and North Africa (MENA) since 2011 – it has seen two brutal civil wars, the spread of Al Qaeda, bloody civil unrest in Yemen, Egypt, Bahrain, Tunisia, Lebanon, Iraq, and the overthrow of four governments – it is astonishing the world's most important energy-producing region has been able to keep oil flowing.
This is almost entirely thanks to the actions of the Gulf's producers, especially Saudi Arabia. However, relying on the kingdom and its Gulf neighbours to keep the unrest elsewhere in the region from spiking oil markets and damaging an already-weak global economy is hardly a comforting thought.
In this 18-page special report, Petroleum Economist examines the changes the past two-and-a-half years have wrought on the region, country by country, and weighs up the likely impact the continuing unrest will have not just on MENA, but the wider global economy.