
Iran's conflict with the United States and Israel has entered an unexpected arena, the global economy. While armed forces pursue missile launchers and warships, Tehran is targeting banks, data centres, hotels, airports and seaports, striking the civilian infrastructure that underpins Gulf financial hubs such as Dubai, the UAE and Qatar. This latest strategy is forcing investors to face a stark reality, with the Middle East, long regarded as a safe bet for wealth and commerce, becoming far more volatile.