{"id":86877,"date":"2026-07-23T17:06:00","date_gmt":"2026-07-23T17:06:00","guid":{"rendered":"https:\/\/gulftimes.ae\/houthi-attacks-raise-fears-of-wider-middle-east-conflict-and-more-global-economic-damage\/"},"modified":"2026-07-23T17:06:00","modified_gmt":"2026-07-23T17:06:00","slug":"houthi-attacks-raise-fears-of-wider-middle-east-conflict-and-more-global-economic-damage","status":"publish","type":"post","link":"https:\/\/gulftimes.ae\/?p=86877","title":{"rendered":"Houthi attacks raise fears of wider Middle East conflict and more global economic damage"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">So what effect is all this having on the wider region?<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Firstly, it is important to note that two countries previously wracked by ruinous civil wars \u2013 Iraq and Syria \u2013 are now largely peaceful and stable, at least compared to where they were. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The Gaza War is technically in a ceasefire, although Gazans continue to be killed in air strikes, while Israeli settlements, illegal under international law, are proliferating across the occupied West Bank. Israel&#8217;s war with Hezbollah in Lebanon is on hold as the two countries continue negotiations.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But right now it is the Gulf and the Arabian Peninsula that are worrying analysts the most. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Trump has got himself into a war with Iran that he cannot seem to find a way out of. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Night after night of US airstrikes are failing to force Iran&#8217;s Revolutionary Guard Corps (IRGC) to give up control of the Strait of Hormuz. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">With every air strike, the IRGC hits back at those neighbouring Arab states that host US bases, trying to drive a wedge between them and Washington.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">From an economic perspective, the clock is ticking. Every day that Gulf oil, gas, fertiliser and other essential products cannot get through the Strait of Hormuz to markets puts pressure on global supply chains and eventually prices. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">If the Bab El Mandeb Strait is also going to be shut for some time then the impact on the world economy will be exacerbated further.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">From a military perspective, tensions have been raised another notch by the deal announced on Wednesday, paving the way for US firms to help Saudi Arabia develop its own domestic civil nuclear power programme. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">There is no indication that the Saudis will use this as a first step towards building a nuclear bomb.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But there are still fears it could potentially trigger an arms race across the region in the future, with both Turkey and Egypt stepping up their own nuclear activities as they seek some form of deterrence and protection.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The Middle East has suffered numerous spikes of violence in its recent history and this is not the worst of those. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But taken together, there are a number of worrying strands here that &#8211; without a lasting, comprehensive deal between the US and Iran &#8211; could well indicate a prolonged period of instability for the region.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/cvgve0vxy1yo?at_medium=RSS&#038;at_campaign=rss\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>So what effect is all this having on the wider region? Firstly, it is important to&hellip;<\/p>\n","protected":false},"author":1,"featured_media":86878,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[29],"tags":[370,1088,1576,1558,214,281,216,1336,2016,3108,2051],"class_list":["post-86877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-stories","tag-attacks","tag-conflict","tag-damage","tag-east","tag-economic","tag-fears","tag-global","tag-houthi","tag-middle","tag-raise","tag-wider"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.0 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Houthi attacks raise fears of wider Middle East conflict and more global economic damage - Gulf Times | News by the minute<\/title>\n<meta name=\"description\" content=\"Gulf Times: Latest news across the GCC from UAE, Bahrain, Qatar, Oman, Yemen, Saudi Arabia\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bbc.co.uk\/news\/articles\/cvgve0vxy1yo?at_medium=RSS&at_campaign=rss\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Houthi attacks raise fears of wider Middle East conflict and more global economic damage\" \/>\n<meta property=\"og:description\" content=\"Gulf News| UAE&#039;s Largest News aggregator site\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bbc.co.uk\/news\/articles\/cvgve0vxy1yo?at_medium=RSS&amp;at_campaign=rss\" \/>\n<meta property=\"og:site_name\" content=\"Gulf Times | News by the minute\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/100084981843786\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-23T17:06:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gulftimes.ae\/wp-content\/uploads\/2026\/07\/60bb5b90-86b5-11f1-bb58-d3ffca85db6d.avif\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"gulftimes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Gulftimesuae\" \/>\n<meta name=\"twitter:site\" content=\"@Gulftimesuae\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"gulftimes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Houthi attacks raise fears of wider Middle East conflict and more global economic damage - 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