The Middle East’s New Intermediaries: Can the Gulf States Broker Peace Between America, Iran, and Israel?

Earlier this year, the Arab Gulf states were riding high. The energy crisis that followed the coronavirus pandemic had filled their coffers and renewed their roles as the stewards of global oil markets—and, in Qatar’s case, a reliable source of liquefied natural gas. Over the past few years, the Gulf countries have tactfully navigated the great-power competition between China, Russia, and the United States and successfully managed their relations with regional rivals, including Iran and Turkey.