The report estimated that it would cause Israel’s GDP to contract between 4.8 and 5.7 percent, which would trigger a recession.

A wide-scale blockade including OIC members such as Turkey, Pakistan and Indonesia would sever direct flights to Israel’s east and south, creating a significant barrier to high growth markets in Asia and Africa.

It estimated that detours which added four to six hours to flights could cost between $30,000 to $60,000 per flight. Israeli airline El-Al would likely suffer a reduction of revenue of between 60 to 75 percent, according to a “conservative estimate”.

Such a move, according to the paper, would disrupt tourism to Israel, and high-value time-sensitive exports like diamonds and medical equipment.

It would likely cause contract cancellations, as well as a potential exodus of research and development initiatives based in Israel.

Such a coordinated action taking place may well be unlikely, given that it would draw the ire of the US, and would create economic costs for the blockading countries themselves.

The UAE, as well as Bahrain, Morocco and Sudan, established full relations with Israel as part of the Donald Trump-brokered Abraham Accords in 2020.

Israel’s genocide in Gaza has brought about condemnation from these countries, but not a suspension or withdrawal of the accords.