“I think the UAE and some of these other Gulf countries were getting a lot of hits, or they were feeling the economic effect of Iran's escalation and closure of the Strait of Hormuz. But they were kind of sitting on the side and watching how the U.S. administration might come to some kind of an agreement or deal with the regime to put an end to the hostility,”

Miad Maleki · said 2026-08-21 · reported 2026-08-21

Miad Maleki discussed how Gulf countries initially reacted to Iranian economic escalation.