The shift now underway is unlikely to take the form of a dramatic collapse of American power in the Gulf. It is more likely to be subtler and, for the region, more unsettling.
Rasool’s expulsion deepened an already deteriorating relationship between the two countries, one that had been on a downward spiral since Trump returned to office.
U.S. companies, importers and retailers will bear the initial costs which most economists expect to filter through the supply chain as a cost-push inflation.