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DUBAI, United Arab Emirates (AFP) — After weathering unprecedented attacks from Iran, the wealthy Gulf states are now stuck between war and peace as talks stall and the vital Strait of Hormuz remains all but closed — threatening economic recovery.
Iran has hit Gulf energy exports with its Strait of Hormuz blockade, while its attacks have caused damage to energy infrastructure that could take months or more to repair.
Even as a shaky ceasefire holds, the threat of renewed strikes looms over the region’s economy beyond oil, threatening…