Qatar’s economic growth was slowing even before a Saudi Arabia-led bloc severed diplomatic and transport links in early June, as the world’s biggest exporter of natural gas felt the impact of lower energy prices, according to Bloomberg.

Saudi Arabia, the UAE, Bahrain and Egypt began boycotting Qatar on June 5, closing its only land border and halting commercial flights.

The data show Qatar was suffering due to lower oil prices, which weighed on growth across the region. The slowdown is being exacerbated by the Saudi-led action, the slowest pace since 1995. Saudi Arabia said on Saturday its own economy contracted in the second quarter.

Saudi Arabia and its allies accused Qatar of destabilizing the region through its ties to Islamist extremists; a charge the nation of 2.7 million people has repeatedly denied. Imports and foreign deposits have plummeted and interest rates soared since the boycott.