Home/Newsfeed

Saudi Arabia Cuts Ties with Iran as Row over Cleric’s Death Escalates

Share Print 0

Saudi Arabia cut ties with Iran on Sunday, responding to the storming of its embassy in Tehran in an escalating row between the rival Middle East powers over Riyadh’s execution of a Shi’ite Muslim cleric.

Foreign Minister Adel al-Jubeir told a news conference in Riyadh that the envoy of Shi’ite Iran had been asked to quit Saudi Arabia within 48 hours. The kingdom, he said, would not allow the Islamic republic to undermine its security.

Iranian protesters stormed the Saudi embassy in Tehran early on Sunday and Shi’ite Iran’s top leader, Ayatollah Ali Khamenei, predicted “divine vengeance” for the execution of Sheikh Nimr al-Nimr, an outspoken opponent of the ruling Al Saudi family.

Jubeir said the attack in Tehran was in line with what he said were earlier Iranian assaults on foreign embassies there and with Iranian policies of destabilising the region by creating “terrorist cells” in Saudi Arabia.

“The kingdom, in light of these realities, announces the cutting of diplomatic relations with Iran and requests the departure of delegates of diplomatic missions of the embassy and consulate and offices related to it within 48 hours. The ambassador has been summoned to notify them,” he said.

Reuters

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.

Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
, ,
Back to Top