Saudi Crown Prince meets Iran foreign minister in Riyadh, Saudi agency says

CAIRO (Reuters) – Saudi Crown Prince Mohammed bin Salman and Iran’s foreign minister Abbas Araqchi discussed developments in the region at a meeting in Riyadh on Wednesday, the Saudi state news agency (SPA) reported.

Top oil exporter Saudi Arabia has had a political rapprochement with Tehran in recent years, which has helped ease regional tensions, but relations remain difficult.

Speaking earlier, a senior Iranian official said Araqchi would discuss discuss bilateral issues and efforts to secure a ceasefire in Lebanon and Gaza on his visit, adding that he will also visit Qatar later in the day.

The Middle East has been on edge awaiting Israel’s response to an Iranian missile strike last week, which Tehran carried out in retaliation for Israel’s escalation against Iran-backed Hezbollah in Lebanon, in a conflict running in parallel to the Gaza war.

Earlier this week, Tehran told Gulf Arab states it would be “unacceptable” if they allowed use of their airspace or military bases against Iran and warned that any such move would draw a response, a senior Iranian official said.

This post is originally published on INVESTING.

  • Related Posts

    Oil prices head for weekly gain on Russia-Ukraine tensions

    Investing.com– Oil prices steadied Friday, heading for a positive week as increased concerns over Russia and Ukraine saw traders attach a greater risk premium to crude.  At 09:25 ET (14:25…

    Goldman sees upside risks for Brent near term

    Investing.com – Brent crude prices have retreated to the low-to-mid $70s a barrel, which reflects market confidence in a large 2025 surplus, according to Goldman Sachs, but the influential investment…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Oil prices head for weekly gain on Russia-Ukraine tensions

    • November 22, 2024
    Oil prices head for weekly gain on Russia-Ukraine tensions

    Exclusive: Prop Firm My Forex Funds and the CFTC Are Probably Negotiating a Settlement

    • November 22, 2024
    Exclusive: Prop Firm My Forex Funds and the CFTC Are Probably Negotiating a Settlement

    Goldman sees upside risks for Brent near term

    • November 22, 2024
    Goldman sees upside risks for Brent near term

    US Treasury investigates JPMorgan’s client ties to Iranian figure – Bloomberg

    • November 22, 2024
    US Treasury investigates JPMorgan’s client ties to Iranian figure – Bloomberg

    XAUUSD: Elliott Wave Analysis and Forecast for 22.11.24 – 29.11.24

    • November 22, 2024
    XAUUSD: Elliott Wave Analysis and Forecast for 22.11.24 – 29.11.24

    Saxo and novobanco Collaborate to Drive Digital Investment Access in Portugal

    • November 22, 2024
    Saxo and novobanco Collaborate to Drive Digital Investment Access in Portugal