Oil Public Policy: Challenges and Possibilities - Economic Legal Study –

The Arab Gulf economy is balancing oil resources with global demand and adopting environmentally friendly policies. Despite challenges like volatile energy markets and environmental pressures, the region is implementing development policies to increase its oil sector’s resilience. This study assesses public oil policies in the region and proposes recommendations for their development to ensure sustainability and economic prosperity. It highlights the legal and regulatory frameworks of the oil sector, particularly the adoption of the Saudi Arabian Vision 2030 and the Gulf Cooperation Council’s development projects in sustainability and energy diversity. This allows for strategic partnerships between countries, including Lebanon.