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“We have sovereign wealth funds of 250 per cent of gross domestic product, we have Qatar Central Bank reserves, and we have a ministry of finance strategic reserve,” he said.

Yet, the extent and scale of the demands appear designed to induce a rejection by Qatar, and a possible justification for a continuation, if not escalation, of the crisis. military presence in the Middle East, America has a stake both in its domestic security and regional stability.

The list, if accurate, represents an intrusion into the internal affairs of Qatar that would threaten its very sovereignty. So, too, do the emerging and industrial economies around the world that rely heavily on its liquefied natural gas exports, whose security would be imperiled in the event of a full-blown crisis in Doha.

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Soon, articles in Saudi and Emirati-owned outlets began to appear linking Qatar to a range of destabilizing state and non-state actors, portraying it as co-conspirator with Iran; one article in Al Arabiya even suggested that the emir’s palace was under guard by members of Iran’s Islamic Revolutionary Guard Corps.

On June 5, the Saudi- and Emirati-led bloc sundered diplomatic relations with Qatar and imposed punitive economic measures on the country—unprecedented in the 36-year history of the Gulf Cooperation Council (GCC).

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