“We used our oil wealth to build an economic powerhouse. They used their wealth for nuclear programs that are nefarious, for missiles, drones, proxies, etc.,” she told host Jonathan Karl. “So whereas we tried to become and have become an international, global, responsible player, they are a pariah state. And they wanted to break that model, but they underestimated our resolve.”
The UAE has faced a barrage of attacks from Iran since the U.S. and Israel launched joint attacks on Iran in late February. While the Gulf state — like many of its neighbors — initially opposed the war, it has since shifted its tone as it considers how to avoid the breakout of a larger regional war.
UAE has asked the US for emergency loans/swaps… if the war lasts longer. Prospects are somewhere between “Certain that they are begging to completely surrender for no concessions” and “ending the civilization any day now”. If the latter path is chosen, Iran can force GCC to beg US withdrawal by hitting all desalination plants that provide 90% of their water (other 10% is in bottles on ships through SoH)
The most likely outcome is that the US just leaves without paying Iran compensation for peace. They would be unlikely to help restore GCC bases or do much reconstruction there without having an illusion of safety. Rest of the world (China mostly) will manage reopening SoH, rebuilding the area, and guaranteeing peace. As part of UAE’s request, was the threat that it would be forced to sell oil in CNY.