War in Yemen, war in Syria, confrontation with Iran, a diplomatic crisis with Qatar and now, to top it off, the coronavirus crisis and the collapse in oil prices.

The Persian Gulf countries have been living on the brink of a nervous breakdown for a few years.

And yet these are some of the richest countries in the world, at least given the immense fortune that the royal families that govern these countries control.

The point is that with the current coronavirus crisis and the collapse in oil prices, many of these monarchies are up against the ropes.

And that brings up several questions: What exactly is happening with the petro-monarchies of the Persian Gulf? What future do they face? Is their story of money, riches and power coming to an end? Which countries will be most affected? In this video, we'll tell you all the details.

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