The Intelligence from The Economist

The Gulf narrows: Iran-Saudi relations

Mar 29, 2023
Greg Karlstrom, Middle East correspondent for The Economist, and Erin Braun, West Coast correspondent, explore pivotal developments in Iran-Saudi relations, highlighting the recent diplomatic deal after seven years. They examine the complexities of Iran’s behavior amidst these changes and the broader implications for U.S. involvement in the region. Erin discusses geothermal energy’s untapped potential in the U.S., analyzing historical usage and recent legislative support. The conversation touches on obstacles to expanding geothermal projects while maintaining a hopeful outlook for its future.
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INSIGHT

Deal's Impact

  • The Iran-Saudi Arabia deal marks a return to the pre-2016 status quo.
  • This deal raises questions about the region's future and America's role.
INSIGHT

Motivations for Deal

  • Both Iran and Saudi Arabia seek stability, driving them to the negotiating table.
  • Iran's regime faces internal challenges and economic turmoil, while Saudi Arabia aims to end the Yemen war.
INSIGHT

US Sanctions

  • US sanctions on Iran likely won't be lifted soon.
  • Iran has ramped up its nuclear program and isn't interested in returning to the previous deal.
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