Iran Conflict Threatens Gulf Security and Trilateral Negotiations
Iran conflict with retaliatory strikes on Israel and Gulf targets has spooked oil markets and endangered Gulf security.
Next Ukraine–US–Russia talks may be in Turkey or Switzerland, with missile swaps proposed to protect Gulf allies from Iranian drones.
Prolonged Iran conflict could strain diplomatic resources and affect US air-defence ammunition deliveries to Ukraine.
Prolonged Gulf crisis may benefit Russia financially, while oil prices could increase Moscow's energy revenues.