The latest regional conflict reinforced how difficult it is to severely disrupt economic momentum in the Gulf Cooperation Council while highlighting genuine threats to economic security and public safety in the region.
While the just-announced cease-fire provides only a very preliminary indication of how the crisis with Iran will end, some questions can be answered, and those answers offer valuable insight.
The current cease-fire may just be an interregnum between rounds of conflict between Israel and Iran, as Iranian decision makers appear more inclined to pursue strategic parity than capitulate.
Moscow relied on Iranian drones in Ukraine. Now that the situation is reversed, will Russia help Iran rebuild its deterrence after Israel’s deep strikes?