Oil producing Gulf Arab states are on high alert following warnings from regional experts about the potential consequences of an Israeli retaliation against Iran. The concern stems from the possibility of Israel targeting Iran's oil installations, which could have far-reaching economic and environmental impacts.
According to Hasan Alhasan, a senior fellow for Middle East Policy at the International Institute for Strategic Studies (IISS), an attack on Iran's oil facilities could result in significant economic damage, threaten other oil facilities in the region, and lead to an ecological disaster. There are fears of oil spills into the Persian Gulf from damaged Iranian pipelines, posing a serious threat to the environment and regional economies.
The prospect of a wider conflict involving the targeting of the region's oil facilities has already caused a spike in oil prices, underscoring the gravity of the situation. Alhasan highlighted Iran's past warnings that if it is unable to sell its oil, it may disrupt oil production in the region, raising concerns about the safety of Gulf Arab oil installations in the event of an Israeli attack on Iran.
Despite these tensions, Gulf states are maintaining a stance of neutrality to avoid being directly targeted by Iran. Iranian President Masoud Pezeshkian recently met with Gulf Arab ministers in Qatar to emphasize the importance of regional cooperation and dialogue. Iranian Foreign Minister Abbas Araghchi echoed this sentiment, calling for strong regional unity and diplomatic efforts to prevent further escalation.
Officials from the UAE have also stressed the need for coordinated regional and international actions to de-escalate the situation and prevent further loss of life. Pezeshkian acknowledged the challenges facing the region and attributed them to internal divisions, emphasizing the importance of unity among neighboring countries.
The ongoing discussions and diplomatic engagements reflect the growing concerns over the potential fallout of a conflict between Israel and Iran on the Gulf Arab states. As tensions continue to simmer, regional stakeholders are working towards finding peaceful solutions to avoid further destabilization in the region.