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All tagged GCC
◢ Spooked by the prospect of a catastrophic war with Iran and its proxy militias across the region, Arab monarchies are in the midst of a strategic rethink regarding the Persian Gulf. The U.A.E., whose economic model relies in large part on its international links, quickly realized it had most to lose from a military escalation.
◢ Iran said Saturday it has sent Iraq and Arab states of the Persian Gulf the text of its security and cooperation project first unveiled by President Hassan Rouhani at the UN in September. Rouhani "sent the full text (of the initiative) to the heads" of the Gulf Cooperation Council and Iraq and "asked for their cooperation in processing and implementing it,” the foreign ministry said.
◢ Iran's neighbors have made talks impossible through their "hasty and arrogant moves", a top security official told Oman's foreign minister in Tehran on Saturday amid a tanker crisis. Oman, a past mediator between Iran and its foes, sent its top diplomat to the Islamic republic amid amplified tensions between Iran and the United States and its allies, including in the Persian Gulf.
