🇦🇪 Oil Price Shock Impact on UAE
Modeled estimates of how a sudden oil price increase (to $128/barrel, realistic sensitivity) would affect different sectors of UAE's economy.
Sectors
- ✈️ Travel & Tourism — estimated +10.5% to +19.3%
- 🚛 Transportation — estimated +14% to +25.7%
- 🛒 Food & Groceries — estimated +5.3% to +12.8%
- ⚡ Energy — estimated +17.5% to +32.1%
- 🏗️ Construction — estimated +7% to +15%
- 🏠 General Cost of Living — estimated +8.7% to +17.1%