Saudi Arabia has severed his relations with the Execution of Shiite Imam- How Saudi Will Manage His Budget Deficient Over 100 Billion USD?
Saudi brought the price of Oil down so that USA cannot produce oil which proved incompatible in view of the present prices which resulted in over 100 Billion deficient in ther budget. Is he going to cut the pension from princes in similar way as Abullah Bin Abdul AZEEZ did around 100 H or is he going to explore the gold which he claims. It is interesting to watch. At the same time he has severed his relations with Iran & fighting battle with Yemen at the same time facing the brunt of Dayish & ISIS from Iraq & Syria.
Iran and Saudi Arabia have had tense diplomatic relations since the 1979 Islamic Revolution that overthrew Iranian Shah Mohammad Reza Pahlavi, although there have been occasional thaws. Here’s a look at how ties between the Middle East rivals have shifted:
PRE-REVOLUTION: Iran had rocky relations with Saudi Arabia under the shah, but they improved toward the end of his reign in 1979. Both were original members of the oil cartel OPEC.
2015 HAJJ DISASTER: After a Sept. 24 stampede and crush struck the hajj, Saudi Arabia said 769 pilgrims were killed. An Associated Press count from other countries showed that over 2,400 people were killed. Iran said at least 464 of its pilgrims were killed and blamed Saudi “incompetence” for the deaths.
SHEIKH’S EXECUTION: On Jan. 2, Saudi Arabia executed 47 people — including Shiite cleric Sheikh Nimr al-Nimr, a central figure in Arab Spring-inspired protests by Saudi Arabia’s Shiite minority. His death sparked protests across the Middle East and attacks on Saudi diplomatic facilities in Iran. Saudi Arabia responded by announcing it was severing diplomatic ties with Iran.
(Source ABC news)