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watch nowSaudi Arabia may soon be investing in its longtime regional foe Iran following a breakthrough agreement reached between the two countries to re-establish diplomatic relations, the kingdom's Finance Minister Mohammed Al-Jadaan said Wednesday. Asked by CNBC's Hadley Gamble in Riyadh how soon the world might see the wealthy Saudi kingdom making significant investments into Iran and vice versa, Al-Jadaan replied: "I would say very quickly." "When people really stick to the principles of what was agreed, I think that that could happen very quickly. Some regional analysts and Western policymakers are skeptical as to whether the countries — Iran in particular — will stick to the pledges, which has yet to be seen. Still, the Saudi finance minister appeared optimistic.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC Capital’s Helima Croft says ‘NOPEC’ bill could be a poison pill for U.S.-Saudi Arabia tiesHelima Croft, global head of commodity strategy at RBC Capital Markets, discusses the 2023 outlook for oil prices, the possible consequences of U.S. legislation that could open members of the oil producer group OPEC to antitrust lawsuits and one other wildcard in the energy market — Iran.
Iran should relinquish its nuclear program, which violates international agreements, Saudi Minister of State for Foreign Affairs Adel al-Jubeir said Wednesday from the World Economic Forum in Davos. "I believe that Iran has an obligation to give up its nuclear program. Photo: Planet Labs Inc. | APUnder the 2015 Iranian nuclear deal — which involved the U.S. and other powers and lifted economic sanctions on Iran in exchange for curbs on its nuclear program — Iran's uranium enrichment was limited to 3.67%, enough for a civilian nuclear energy program. Tehran maintains that its nuclear program is for civilian purposes and that having one is its sovereign right. Ukraine has blamed Iran for providing Russia with drones, which have been used to attack Kyiv.
The Biden administration went from encouraging negotiations on reviving the Iranian nuclear deal to levying more sanctions on Tehran and condemning it for providing lethal weapons and training to Russian forces fighting in Ukraine. Iran's Foreign Ministry denies knowing about Iranian weapons transfers to Russia, despite evidence of Iranian-made drones wreaking havoc on Ukrainian cities. Sergei Savostyanov | AFP | Getty Images"2023 is going to be a pivotal year for Iran," Ali Vaez, Iran project director at non-profit Crisis Group, told CNBC. The nuclear deal: too far gone? Ukraine has blamed Iran for providing Russia with drones, which have been used to attack Kyiv.
LONDON — Iran’s government has spent months violently cracking down on protests gripping the country. The first known executions of people arrested over the monthslong protests prompted an outcry from Western governments and human rights activists, but they came as little surprise to those involved in the demonstrations or carefully watching them from afar. Human rights groups and Western governments say Iran’s judicial system is based on sham trials behind closed doors. A week earlier, Iran executed another man, Mohsen Shekari, for allegedly blocking a road in Tehran and stabbing a pro-government militia member who required stitches. Around a dozen others have been sentenced to death, according to human rights groups.
CAIRO — Iranian authorities arrested one of the country’s most famous actresses on charges of spreading falsehoods about nationwide protests that grip the country, state media said Saturday. The report by IRNA said Taraneh Alidoosti, star of the Oscar-winning movie “The Salesman,” was detained a week after she made a post on Instagram expressing solidarity with the first man recently executed for crimes committed during the nationwide protests. Iran has been rocked by protests since the Sept. 16 death of 22-year-old Mahsa Amini, who died after being detained by the morality police. Hengameh Ghaziani and Katayoun Riahi, two other famous actresses in Iran, were arrested by authorities for expressing solidarity with protesters on social media. Over 18,200 people have been detained by authorities.
On Saturday, 32 national soccer teams are gathering in Qatar for the start of the FIFA World Cup. That same year, Mahshid Razaghi, who played for the Olympic soccer team, was executed for selling anti-government newspapers. In 1984, Habib Khabiri, a member of the men’s national soccer team, was executed by firing squad for membership in an anti-regime organization. Preventing Iran from participating in the World Cup would send a concrete message that regimes that persecute their own athletes have no place in world sporting organizations. While such a ban would mean Iranian athletes can’t participate in this World Cup, many in Iran believe the team isn’t representative of the people of Iran in the first place but only represents the Islamic regime.
Russia's use of Iranian drones in Ukraine has been framed as Iran trying to test out its hardware. But Russia has so far been using those drones in a manner different than Iran would likely use them. For all the attention given to Iran's ballistic missiles, the country has spent more than a decade diversifying its strike capabilities. Iranian drones were notably employed alongside cruise missiles in the attacks on Saudi oil facilities in September 2019. Second, the propeller-driven Iranian drones that Russia is now using are slow and, if detected while in transit, provide ample warning for defenders to activate defenses.
DUBAI — Iran summoned the British and Norwegian ambassadors over what it called interference and hostile media coverage of the nationwide unrest triggered by the death of a woman detained by morality police. European Union foreign policy chief Josep Borrell said Iran should “immediately stop the violent crackdown on protests and ensure internet access. He also said that “acts of chaos” were unacceptable and that Iran must deal decisively with the unrest. Iran’s state television said 41 people have been killed since the protests broke out following Amini’s death on Sept 16. State media said 12 bank branches were destroyed in the unrest in recent days, and 219 ATMs have been damaged.
TEHRAN, Iran — Iran’s army on Friday hinted that it was prepared to deepen its crackdown on protests triggered by the death of a young woman who had been detained by the morality police. In one video uploaded on Twitter, a group of demonstrators in the city of Pakdasht shout, "Death to the dictator." While in New York, Raisi was scheduled to be interviewed by CNN journalist Christiane Amanpour. Anna Moneymaker / Getty ImagesAmanpour, CNN’s chief international anchor, said she planned to ask Raisi about the protests that have swept across Iran. On Thursday, the Treasury Department imposed sanctions on Iran's morality police, accusing it of abusing Iranian women and holding the unit responsible for Amini's death.
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