The most important long-term strategic challenge facing the Gulf Cooperation Council is not the threat of Islamic extremism or the rise of Iran -- it is the continuing economic decline of the United States.
Ever since 1980, when Jimmy Carter, then president, first publicly committed the United States to use military force to defend the free flow of oil from the Middle East, the United States has been the region’s unquestioned hegemon. And ever since the GCC was formed in 1981, its members have relied on the United States as the ultimate guarantor of their security.