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Gulf states in limbo as US-Iran crisis drags on

Wealthy Gulf states face stalled talks and a near-closure of the Strait of Hormuz after unprecedented Iranian attacks, threatening regional economic recovery.

Published Apr 24, 2026, 5:31 AM EDT | WFMZZ

After weathering unprecedented attacks from Iran, wealthy Gulf states find themselves caught between war and peace as diplomatic talks stall. The near-closure of the vital Strait of Hormuz is disrupting trade and threatening the region's economic recovery.