The world’s largest oil exporter Saudi Arabia says that it is staying neutral and on the sidelines when it comes to the ratcheting wars in Lebanon, Gaza, and Yemen – and the Iran vs. Israel showdown.
Other members of the Gulf Cooperation Council (GCC) – which includes Qatar, the United Arab Emirates, Bahrain, Oman, and Kuwait – have also this week “sought to reassure Iran of their neutrality” in the Iran-Israel conflict, Reuters has reported.
Prior to the Gaza war, Saudi Arabia was widely seen as on the cusp of signing a full normalization and diplomatic relations deal with Israel, as part of the Abraham Accords – but that was derailed in the wake of Oct.7.
At the same time, Riyadh and Tehran have recently made peace. The kingdom is now seeking to assure Iran it will not join Israel’s side.
The Saudis and other GGC states wish to avoid the kind of attacks which could impact its oil production and exports, such as the 2019 Abqaiq–Khurais Saudi Aramco drones strikes….
Read the full article here