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Sun · 13 Sep 2026

Iran War Gulf Squeeze Hits Lebanon's Creative Economy

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Iran War Gulf Squeeze Hits Lebanon's Creative Economy

🎨 BEIRUT — Gulf arts budgets dry up; Lebanon's creative class absorbs the hit. 📌 LOOK CLOSER: Gulf states contracting under oil pressure cut discretionary budgets first — Lebanon's creative sector, reliant on Gulf contracts for most revenue, has no domestic fallback. Lebanese designers and agencies compound losses from 2019's collapse. Each month of war embeds a structural contraction that won't reverse when Hormuz reopens.