Who's losing and who's benefiting from the Gulf tanker conflict?
In what looks like a historic recurrence, Iran and the United States are once again on the verge of a naval escalation in the Gulf of Oman, and the turn of events bears a striking resemblance to those of the late 1980s, when Washington threw its weight behind Kuwait to counter the alleged Iranian naval attacks against its Gulf ally.
British-Iraqi expert on Middle Eastern conflicts Tallha Abdulrazaq said Saudi Arabia and its neighbouring allies can take advantage of the escalation by drawing "global powers into a confrontation with Iran over potential shocks to the global economy". Another expert Giorgio Cafiero, who's currently the CEO of Washington-based geopolitical risk consulting firm Gulf State Analytics, said war hawks in Washington could take advantage of the events unfolding in the Gulf waters and "point finger at Iran even if it's less than clear which party was behind the suspected attack".
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