""Damage to critical energy infrastructure is another factor that has risen considerably and, in Qatar's case, will be costly both in terms of the cost of repair and foregone revenues from the planned expansion of LNG output, which was set to come onstream later this year and next year.""
""Defense spending may go up rather than down and will as a matter of urgency be reassessed to better focus on the challenges of a drawn-out conflict that now face the Gulf States.""
""To counter these [Iran's] asymmetric threats, Gulf states are compelled to accelerate military modernization, prioritizing advanced air defense capabilities to protect their energy infrastructure.""
The conflict in Iran has led to targeted attacks on oil production facilities and shipping lanes, particularly the Strait of Hormuz, disrupting local and global economies. Exports from Qatar, the UAE, Kuwait, Bahrain, and Saudi Arabia have faced interruptions, with Qatar's LNG exports decreasing by 17 percent. These disruptions have raised US gas prices and are expected to affect Gulf nations' budgets. However, defense spending is likely to increase as Gulf states reassess military capabilities to counter future threats to energy infrastructure.
Read at Breaking Defense
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