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Top Forecaster - Feb 2024
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Iran supports the Houthis as a proxy force against Israel, supplying them with weapons and backing. Recent attacks on vessels connected to Israel demonstrate the Houthis' ability to hijack and seize ships, declaring all Israeli-affiliated ships as targets. The Houthis prioritize aggressive attacks, emphasizing the propaganda value. Situated in the Red Sea/Gulf of Aden region, the proximity allows the Houthis to employ various means such as missiles, drones, and speedboats for strikes.
Currently, Iran has managed to suppress recent protests, stabilizing the regime temporarily. Economic challenges have eased through rapprochement with China and Saudi Arabia. Harsh crackdowns on dissent hinder large-scale organizing, but the Palestinian cause unites Iranians. Despite sanctions, life conditions have somewhat improved due to foreign support. Iran is not directly involved in the Israel-Hamas conflict. Key factors to monitor include the economy, women's rights, upcoming elections, and potential Iranian involvement in the Israel-Hamas conflict.
The Houthis, backed by Iranian military support, have demonstrated both the intent and capability to launch long-range missile strikes towards Israel. Although the Iron Dome and Arrow systems face potential challenges in handling heavy barrages, the likelihood of intercepting missiles from the distant Yemeni launch site is high. Israel's sophisticated multi-layered air defense infrastructure, featuring Iron Dome, Arrow 2/3, Patriot missiles, and F-35 jets, enhances the probability of interception. The persistent threat from the Houthi "nothing to lose" mindset is countered by potential international backlash, the risk of retaliation, and limited resources. Israel's strategic defense measures, which permit missiles to target unpopulated areas, coupled with the possibility of redirecting Houthi focus to more immediate threats, work to mitigate the potential for significant damage.
Why do you think you're right?
Currently, the prospect seems highly improbable. The adage "the enemy of my enemy is my friend" encapsulates the dynamic between Israel and Saudi Arabia. Israel recognizes Saudi Arabia as a significant counterbalance to Iranian influence, a long-standing security concern. Simultaneously, Saudi Arabia views Israel as a potentially beneficial economic and military ally. The proposed timeline is extremely short for this recover process.
Why might you be wrong?
Both nations understand the adverse impact of widespread military conflict on their interests. While Saudi Arabia aims to maintain solidarity with Palestine, pragmatic considerations may sway them toward aligning with Israel, as leaders on both sides are well aware of the detrimental effects of prolonged conflict on geoeconomic interests.
adjustment as time passes