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This map shows the brewing proxy war between Iran and Saudi Arabia
Throughout the wider Middle East, numerous countries are being wracked by unrest and civil conflict. And, in a majority of the conflicts, the ongoing crises can be seen as an expansion of a proxy war...
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Bankers are scrambling to get in on what could be the biggest deal of all time
Saudi Arabia is considering selling shares of Saudi Aramco, the state-owned company that is the world's largest oil producer, on a public exchange.The revelation came, somewhat unexpectedly, from Saudi...
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The world in photos this week
A selection of photos from some of this week's biggest news that you might have missed.SEE ALSO: These are the most incredible photos of the US Army in 2015A B-2 Spirit performing a flyover during the...
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US-Saudi relations are being put to the test
The alliance between Saudi Arabia and the United States provides one of the foundations of American foreign policy in the Middle East.This week, tensions between Iran and Saudi Arabia have been...
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US Navy releases video of Iran firing rockets near a US aircraft carrier
The US Navy on Saturday released footage it said showed Iranian Revolutionary Guard vessels firing rockets near warships and commercial traffic in the strategic Strait of Hormuz late last month, a move...
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How Saudi Arabia 'pulled a proxy out from under Iran's wing'
The latest round of tensions between Iran and Saudi Arabia is unsettling what little is left of the Middle East's regional order.Saudi Arabia's execution of the country's most prominent Shi'ite cleric...
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The greatest threat in the Middle East is 'going to get much worse before it...
Sectarian divisions in the Middle East are only getting worse, and there's little sign that tensions in the region will abate before they explode into war, experts say.The Soufan Group, a New-York...
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Saudi Arabia and Iran are using each other to justify their sectarianism —...
The cycle of reactions to Riyadh’s execution of prominent Shiite cleric Nimr al-Nimr on January 2 is a reminder of how the Saudis, and their Iranian rivals, have viewed and used sectarianism throughout...
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Last month Iran denied firing rockets near a US aircraft carrier
On Tuesday, 10 American sailors were held by Iran after two US Navy riverine patrol boats drifted into Iranian waters after experiencing mechanical difficulties. Iran had originally told the US that...
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The young Saudi royal at the heart of the Middle East’s great power struggle
On Sunday, Saudi Arabia's Deputy Crown Prince Mohammed bin Salman was in Islamabad, meeting with Pakistani Prime Minister Nawaz Sharif.The recent flaring of tensions between the Saudis and their...
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This could send oil to $250 per barrel
The rift between Saudi Arabia and Iran has quickly ballooned into the worst conflict in decades between the two countries.The back-and-forth escalation quickly turned the simmering tension into an...
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The US and Iran are forging a new relationship as the nuclear deal advances
For diplomats from countries without diplomatic relations, Secretary of State John Kerry and Iranian Foreign Minister Mohammad Javad Zarif sure are doing a lot of diplomacy.As Iran races to satisfy the...
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Iran and Saudi Arabia find themselves in a 'prisoner's dilemma' over oil
The recent break in diplomatic relations between Saudi Arabia and Iran adds another complication to the already chaotic environment of Middle East geopolitics. While the sectarian differences between...
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The oil crash could bring a radical new change to Saudi Arabia's investment...
NEW YORK/DUBAI (Reuters) - Saudi Arabia plans to create a new sovereign fund to manage part of its oil wealth and diversify its investments, and has asked investment banks and consultancies to submit...
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The $1.5 trillion Saudi oil IPO isn't about money, it's about politics
In the first week of 2016, Saudi deputy crown prince Mohammed bin Salman, in an interview with the Economist, revealed that the Saudi government is considering selling shares in government-owned Saudi...
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The Saudi stock market is in free fall
Kuwait City (AFP) - Share prices in the energy-rich Gulf states nosedived Sunday following the sharp decline in oil prices and the expected rise in Iranian crude exports after the lifting of...
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Iran moves from pariah state to regional power
Iran's release from sanctions testifies to its new relationship with the United States as it moves from pariah state to regional power, a status that could come at the cost of Saudi Arabia,...
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Saudi Arabia is in a state of panic
The great Kingdom of Saudi Arabia—the long-time dictator of crude oil prices for the world—is struggling on all fronts.The Saudis are losing their proxy wars in both Syria and Yemen; their OPEC...
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Saudi Arabia pledged £35 million in aid to Somalia on the same day Somalia...
NAIROBI (Reuters) - Somalia received a pledge of aid for $50 million (£34 million) from Saudi Arabia this month on the same day it announced it was cutting ties with Saudi rival Iran, a document seen...
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