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Trump Tariffs Reshape MENA Oilfield Services ...Middle East
The Trump administration’s tariff regime, intended to boost US manufacturing and inflict punitive damage on Chinese manufacturing, has disrupted multiple industrial supply chains into the US with cascading effects across other regions. For the Middle East and North Africa (MENA) region’s oilfield services (OFS) sector, the effects are indirect but may be significant if unmitigated by national oil companies (NOCs) and OFS suppliers. With the US turning more inward, these companies can pivot sourcing to take advantage of foreign sources…
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