Why Gulf Arab states are not intervening in the Red Sea
As Yemen’s Ansarullah movement—better known as the Houthis—steps up attacks on commercial vessels in the Red Sea, Gulf Arab states have opted to stay on the sidelines. They have their reasons for not engaging, including security concerns and the fact that their economies have, to a significant extent, remained shielded from the impact of the strikes. More importantly, these countries are bracing for the more serious economic risks they may face in the future.