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14.05.26 - 21:09
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Separate Peace? Saudi Arabia Floats Regional Non-Aggression Pact With Iran (ZeroHedge)
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Separate Peace? Saudi Arabia Floats Regional Non-Aggression Pact With Iran
Are regional Gulf countries seeking to forge there own separate peace deals with Iran, apart from the United States? That's what fresh Thursday reporting in the Financial Times suggests.
The report says Saudi Arabia is supposedly considering a non-aggression pact between the Middle East states and Iran after the military conflict between the United States and Iran ends, the FT indicates.
via Express Tribune
Citing diplomatic sources, it describes that Riyadh is assessing a model of the Helsinki Process, which helped reduce tensions in Europe during the Cold War, and created an uneasy East-West peace in post-WW2 Europe.
The driving rationale behind the potential diplomatic framework is that while Iran is "weakened," the reality is that it still "poses a threat to its neighbors."
An Arab diplomat cited by FT said that a non-aggression pact modelled along the lines of the Helsinki process is somethin...
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13.05.26 - 00:21
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Saudi Arabia Secretly Launched Attacks On Iran At Height Of Epic Fury (ZeroHedge)
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Saudi Arabia Secretly Launched Attacks On Iran At Height Of Epic Fury
First it was revealed this week that UAE had directly attacked Iran in retaliatory strikes earlier in Operation Epic Fury, and now it has come to light that the Saudis did the same, and in multiple strike operations.
Reuters reports Tuesday that "Saudi Arabia launched numerous, unpublicized strikes on Iran in retaliation for attacks carried out in the kingdom during the Middle East war, two Western officials briefed on the matter, and two Iranian officials said."
KSA military file image
"The Saudi attacks, not previously reported, mark the first time that the kingdom is known to have directly carried out military action on Iranian soil and show it is becoming much bolder in defending itself against its main regional rival," the report continues.
"The attacks, launched by the Saudi Air Force, were assessed to have been carried out in late March, the two Western officials said," Reuters notes fu...
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12.05.26 - 09:31
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Moubayed: Saudi Deficit Widening Higher Than Expected (Bloomberg)
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The impact of the Iran war is starting to emerge across the Gulf, raising uncertainty for growth and trade in the region. Alia Moubayed, Managing Director for EMEA Economics & Strategy, Jefferies International spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the war's impact on GCC economies (Source: Bloomberg)...
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10.05.26 - 13:18
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Saudi Aramco profits jump despite conflict in Middle East (The Guardian)
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Saudi Arabia's state oil company's profits up 26% to £26.9bn in first three months of yearBusiness live – latest updatesSaudi Arabia's state oil company reported a 26% jump in profits in its first quarter as its east-west pipeline allowed it to ship millions of barrels of oil out of the Gulf despite conflict in the Middle East.Profits at Saudi Aramco hit $33.6bn (£26.9bn) in the first three months of the year, while revenue rose nearly 7% compared with a year earlier to $115.5bn. Continue reading......
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