NMBZ Holdings to seek shareholder approval for share buyback program

US military bases in Gulf states become security liabilities after 2026 conflict

The 2026 conflict involving the United States, Israel, and Iran has revealed that hosting American military bases in Gulf nations like Saudi Arabia, Jordan, Bahrain, Qatar, the United Arab Emirates, and Kuwait no longer guarantees national security. Instead, these bases have made host countries prime targets for retaliatory strikes, challenging the long-held belief that a US military presence deters regional threats. During the conflict, Iran targeted infrastructure within Gulf states housing US troops, including radar installations, personnel sites, data centers, energy facilities, and desalination plants, rather than directly attacking the US homeland. This created an asymmetric security dilemma where Gulf populations bore the consequences of US policies. The conflict also led to significant economic disruption, with multinational corporations withdrawing from the Middle East, projected GDP losses of $120 billion to $194 billion for Gulf states, and a 27% drop in international tourist arrivals. The redeployment of US THAAD and Patriot anti-missile systems from Gulf states to Israel further exposed the conditional nature of US alliance commitments, leaving Gulf airspace vulnerable. The article suggests that Israel's asymmetric influence on US Middle East policy prioritizes Israeli security interests, often at the expense of Gulf states. A comparison of security strategies shows that Kuwait, with full alignment to the US, suffered extensive damage, while the UAE, balancing it