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OverviewAPI
Gulf nations are facing challenges in reconciling their reliance on fossil fuels with their net-zero emission targets. The region needs to make major adjustments to accommodate a growing population while meeting climate goals, including increasing renewable energy capacity and reducing reliance on fossil fuels. The UAE and Saudi Arabia are expanding their nuclear capacity as they focus on developing sustainable energy sources. OPEC warns of a lack of investment in oil, which could lead to a spike in energy prices. Saudi Aramco and Exxon Mobil express support for the energy transition but emphasize the continued importance of oil.

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