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Throughout the week, US officials had urged Israel not to retaliate for Iran’s unprecedented attack five days prior, when hundreds of missiles and drones were fired from inside Iran at Israel. US intelligence has long assessed that neither Iran nor Israel has any appetite for an outright war. Iranian officials have stated publicly that Iran’s policy toward Israel has changed. Then, on April 1, an Israeli strike on what Iran claims was an embassy in Syria killed seven officials, including two senior Iranian commanders. “Israel and Iran are going to be starting higher on the escalatory ladder for every future moment of conflict and that is incredibly dangerous,” said Panikoff.
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CNN —Sweden has summoned Iran’s acting ambassador to protest against the execution of Habib Chaab, a dual Swedish-Iranian national who had been convicted of leading an Arab separatist group accused of attacks. “The death penalty is an inhuman and irreversible punishment and Sweden, together with the rest of the EU, condemns its use under any circumstances,” the Swedish Foreign Ministry said in a statement Saturday. Chaab was executed on Saturday morning over his alleged involvement with the Harakat al-Nidal separatist group, reported Mizan, an Iranian state-affiliated media outlet. Iran considers Harakat al-Nidal to be a terrorist group. UAE Minister of State For Foreign Affairs Anwar Gargash said the accusations were “baseless” and “official incitement against the UAE in Iran” was “unfortunate.”
During previous oil booms, Gulf states were seen as squandering their wealth on wasteful and inefficient investments, building sprees and buying weapons, as well as handouts to citizens . Gulf states appear to be working on diversifying. Since the last oil boom that ended in 2014, four of the six Gulf states have introduced value-added tax and the UAE has gone further by starting a corporate income levy . None of the Gulf states have an income tax. Critics counter that it is in the oil exporters' interest to push that narrative, but oil states have pointed to the rise in crude demand that coincided with the removal of Covid-19 restrictions around the world.
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