Gulf Nations and OPEC Warn of Challenges in Transitioning to Renewable Energy

Gulf nations face challenges in reconciling their reliance on fossil fuels with their net-zero emission targets. The region is exploring renewable energy sources and diversifying its economies. Nuclear power is expanding in the Middle East as countries aim to shift away from fossil fuels. OPEC warns of a lack of investment in oil, which could lead to a surge in energy prices. Saudi Aramco and Exxon Mobil express support for the energy transition but emphasize the importance of oil.