Last week, Saudi Arabia and Iran announced that they would reëstablish diplomatic relations after seven years of severed ties. IChotiner and an expert on the Middle East discuss what this deal could mean.
members, but above all Russia, in efforts to sustain prices in the world oil market. This occurred first in the mid-twenty-tens when, around 2015, you had a collapse of oil prices, which collapsed again in 2020, with. Collaboration with Russia was seen by Saudi Arabia as essential for oil prices. Even with the war in Ukraine, the Saudi government has sustained the belief that it needs to have a relationship with Russia to do that.
And it’s not like the U.S. being the reigning power in the Middle East during the past decades has brought peace and harmony and good will all around.To what degree have the protests inside Iran changed the strategic thinking about Iran and the region? I also don’t want to exaggerate Iran’s isolation. In many ways, it’s doing very well in the region, but it’s doing very well largely with non-state actors or failed state actors, be them Houthis, the militias in Iraq, Bashar al-Assad—who’s winning that war, but is basically just one militia now in Syria—and, of course, Hezbollah. Although state-to-state relations aren’t great, it’s really good at dealing with non-state actors.
In terms of Israeli foreign policy in the region, Saudi Arabia was the big prize. The Emirates, Sudan, Morocco—they’re fine. Egypt and Jordan, of course, already have peace treaties and embassies with Israel. Saudi Arabia is the last stable, big Arab state that has not made peace with Israel, if you will. The Israeli government would love to be able to sign Saudi Arabia. Partially, that signals long-term acceptance in the region from the Arab world.
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