The Arab states of the Persian Gulf have suffered major economic and security costs in the wake of the U.S./Israeli attack on Iran. Iranian missile and drone retaliation hit airports, ports, and energy infrastructure, disrupting aviation, trade, tourism, and hydrocarbon exports, and damaging the Gulf’s reputation as a stable business hub. Attacks on shipping and energy facilities, such as the disruption at Fujairah port and the Shah gas field in the United Arab Emirates (UAE), show how quickly a U.S./Israel war on Iran can spill over onto…