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Gulf states must act to avoid Israel's war on Iran spiralling into chaos

The bombs may have fallen silent, but Israel's assault on Iran is far from over.

In Tehran, many remain on edge, bracing for a second wave of air strikes, car bombings and acts of sabotage.

This uneasy lull could break at any moment, plunging the region into renewed violence and chaos.

Israel's war on Iran threatens to upend the regional balance of power.

The Gulf states now stand at a critical juncture, with vastly different futures ahead: one of prosperity and regional influence, or one of prolonged instability and economic turmoil.

Read more: Gulf states must act to avoid Israel's war on Iran spiralling into chaos

Investors sit beneath stock displays at the Dubai Financial Market on 12 April 2022. As tensions escalate between Israel and Iran, Gulf economies face growing uncertainty (Giuseppe Cacace/AFP)