惠譽：當前戰爭很可能會大大削弱伊朗對以色列的威脅。

CHINA BALANCE OF PAYMENTS REPORT: 2026 CURRENT ACCOUNT EXPECTED TO REMAIN BALANCED; FDI NET INFLOWS SEEN; RMB FLEXIBILITY TO BE MAINTAINED

Gulf countries, increasingly frustrated with US handling of the Iran war, are privately questioning American security guarantees. Despite hosting US military bases, Gulf officials are concerned over the lack of a clear strategy and fear that the US may cut a deal with Tehran that leaves them vulnerable to an emboldened Iran. With the Strait of Hormuz still under threat, Gulf states are exploring alternatives, including closer ties with China, amid rising tensions and attacks on their infrastructure.