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The Gulf crisis is a warning. Singapore should heed its lessons
The impact of the Iran war on the UAE reminds us of the vulnerability of small, open economies built on the promise of stability.
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War comes to the prosperous Gulf states with missile strikes by Iran on targets such as Jebel Ali port (pictured) in Dubai.
PHOTO: AFP
Keertan Menon
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When Iranian drones struck a fuel tank near Dubai International Airport on March 16, it did more than ignite jet fuel. It punctured a narrative – the carefully constructed idea that a small, open economy could separate itself from the geopolitics of the region it inhabits.
