Arab leaders are facing severe consequences after the United States and Israel launched attacks on Iran, triggering a regional war that has engulfed much of the Arab world. The killing of Ayatollah Ali Khamenei marked a turning point, prompting Iran to unleash its vast missile and drone arsenal despite lacking advanced air power. U.S. military bases across the Middle East, from Cyprus to Bahrain, have come under Iranian attack, exposing the limits of Washington’s security guarantees to its Arab allies.

The conflict has destabilized oil-rich Arab states, disrupted energy supplies, and driven up global fuel prices. Iran’s closure of the Strait of Hormuz and drone strikes on Saudi and Qatari energy facilities have intensified market turmoil. For Bangladesh, which depends heavily on Middle Eastern remittances and fuel imports, the war poses grave risks. Millions of Bangladeshi workers in Saudi Arabia, the UAE, and Qatar may lose jobs, while rising oil prices threaten inflation and trade costs.

Analysts cited in the report warn that the war could reshape Middle Eastern geopolitics, strain Arab economies, and trigger long-term global energy and financial instability.