In War, There Is No Substitute for Victory |
The fog of war is a universal description of confusion that typically accompanies the early stages of most warfare. From the outset of the U.S.-Israeli attacks on Iran, commencing on February 28, 2026, with airstrikes on military and government targets, Iran responded in what appeared to be erratic ways by striking back on countries that were not part of the hostilities — countries called the “Gulf States” that included Saudi Arabia, Bahrain, Oman, Kuwait, Qatar, and the United Arab Emirates (UAE).
Missile and drone strikes against the Gulf States continued into late March. But upon deeper quantitative analysis, the targeting of one particular nation, the UAE, with 537 ballistic missiles and 2,256 drones, and 26 cruise missile attacks, was more than four times greater than the attacks on other Gulf States. In fact, Iran bombed the UAE more than it bombed Israel. Why?
According to a leading international and geopolitical analyst, Martin Armstrong, the likely reason for Iran’s intense targeting of the UAE was to precipitate a financial debt crisis. What most do not know is that the UAE became the “Switzerland” of the Middle East after the outbreak of the Ukraine War in 2022, when the Swiss abandoned their longstanding neutrality and began favoring Ukraine and discriminating against the Russians. With the UAE’s pledge to maintain neutrality, enormous sums of money were moved out of Swiss institutions and into the banks and financial markets in Dubai, the largest city in the UAE, the undisputed #1 financial center of the Middle East, reaching a #7........