What is GCC?

Jason Bordoff on Iran's newfound leverage over OPEC and the GCC.

“They're going to be a disruptor to OPEC. They're going to be a disruptor to the GCC and they have this authority now.”

U.S. sanctions on Iran are paradoxically driving third countries toward greater reliance on Chinese green energy exports, undermining core U.S. strategic goals.

“This is catalyzing Chinese economic you know Chinese exports of solar of wind of you know greener energy that reduces reliance on Gulf sourced oil from Iran as well as the GCC us, you know, does this really transform how third countries are interacting with supply chains? And paradoxically, it's pushing them more reliant, you know, to more reliance on China, which is not the goal of the United States, which is not the intention here.”

Jonathan Fulton, identified as one of the top Gulf analysts, is worth watching for analysis on China-GCC dynamics and multilateral forum outcomes.

“The summit in Koala Lumpur was interesting. it was pretty light on substance and a lot of really reputable China analysts, Jonathan Fulton, who's one of the top Gulf analysts out there. He said, "Listen, this was more about Malaysia trying to kind of build some, you know, some momentum for its role as a player in this space.”

Japan, the GCC, and China are identified as the three largest buyers of US Treasuries, making them the primary financiers of the US economy.

“The three biggest buyers of US treasuries basically the three biggest financiers of the of the US economy basically the AI bubble are Japan the GCC and China.”