Shattered Havens: The Persian Gulf's Economic Abyss The recent conflict in the Strait of Hormuz has sent shockwaves through the global economy, with far reaching consequences for the Arab Gulf states.
For years, these nations have touted themselves as safe havens for investors and traders, but the missile strikes and drone attacks on critical facilities have shattered that illusion.
Infrastructure damage is extensive, with flight departures plummeting by a third in Abu Dhabi, two thirds in Dubai, and three quarters in Doha.