Economist Podcasts The Gulf narrows: Iran-Saudi relations
Mar 29, 2023
Greg Karlstrom, a Middle East expert for The Economist, discusses the recent diplomatic breakthrough between Iran and Saudi Arabia after seven years of tension. He delves into the implications this deal has for regional stability and the ongoing aggressions of Iran. Erin Braun, the West Coast correspondent, sheds light on the potential of geothermal energy in the U.S., outlining what it would take to harness this renewable resource effectively. They also touch upon the multifaceted challenges of COVID-19 origins and the wildlife trade.
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Return to Status Quo
- Iran and Saudi Arabia restored diplomatic ties after a seven-year lapse.
- This deal, brokered by China, marks a return to the pre-2015 status quo.
Seeking Stability
- Both Iran and Saudi Arabia seek stability, albeit for different reasons.
- Iran's regime faces internal turmoil and economic hardship, while Saudi Arabia aims to end the Yemen war and focus on economic diversification.
Saudi Arabia's Hedge
- The Saudis feel insecure about their relationship with America due to past policy decisions.
- Seeking closer ties with China allows them to hedge against American unreliability and send a message to Washington.