Regional
Iranian and Saudi foreign ministers meet in China in restoration of diplomatic ties
The foreign ministers of Iran and Saudi Arabia met in Beijing on Thursday for the first formal gathering of their top diplomats in more than seven years, after China brokered a deal to restore relations between the top regional powers, Reuters reported.
After years of hostility that fuelled conflicts across the Middle East, Iran and Saudi Arabia agreed to end their diplomatic rift and reopen diplomatic missions in a significant deal facilitated by China last month.
In brief footage broadcast on Iranian state TV, Prince Faisal bin Farhan Al Saud and his Iranian counterpart, Hossein Amirabdollahian, greeted each other before sitting down side by side.
Saudi Arabia and Iran, the Gulf’s dominant Sunni Muslim and Shi’ite Muslim powers respectively, said in a joint statement they would launch arrangements to reopen embassies and consulates within the two-month period stipulated in the deal.
“The technical teams will continue coordination to examine ways of expanding cooperation including the resumption of flights and bilateral visits of official and private sector delegations and facilitating the granting of visas for the citizens of the two countries,” they said.
In a tweet, Iran’s Amirabdollahian said the Thursday meeting with his Saudi counterpart was “positive”, adding that “the emphasis on stability and sustainable security” were among the issues agreed upon and “on the common agenda”.
In March, Chinese President Xi Jinping helped broker the surprise deal in a display of Beijing’s growing influence in the Middle East. China’s role in the breakthrough shook up dynamics in a conflict-ridden region where the United States has for decades been the main mediator.
The detente between the Sunni kingdom and the revolutionary Shi’ite theocracy could help stabilise the Middle East, where the two sides have supported sectarian proxy forces that are either at daggers drawn or openly at war.
Saudi Arabia cut ties with Iran in 2016 after its embassy in Tehran was stormed during a dispute between the two countries over Riyadh’s execution of a Shi’ite cleric.
The relationship began worsening a year earlier, after Saudi Arabia and the United Arab Emirates intervened in Yemen’s war, where the Iran-aligned Houthi movement had ousted a Saudi-backed government and taken over the capital Sanaa.
It is unclear whether the restoration of diplomatic relations could help bolster peace-making in Yemen, where Saudi Arabia has been in tough talks with the Houthis on a permanent ceasefire.
However, the rapprochement could mean improved security for Saudi Arabia as it pursues its vast Vision 2030 project to modernise and diversify its long oil-dependent economy. The kingdom has accused Iran of arming the Houthis, who launched missiles and drones at Saudi cities and oil facilities.
In 2019, Riyadh blamed an attack on Aramco oil facilities, which knocked out half of its oil output, directly on the Islamic Republic. Iran denied those accusations, Reuters reported.
Tehran and Riyadh, according to the joint statement, underlined the importance of reviving a security pact signed in 2001, under which both sides agreed to cooperate to tackle terrorism, drug-smuggling and money-laundering, as well as a trade and technology pact from 1998.
Regional
Fourteen Pakistani police officers killed in KP car bombing and shootout
The death toll from a suicide attack on a security post in northwest Pakistan rose to 14 police officers, authorities said early Sunday.
A suicide bomber and several gunmen detonated an explosives-laden vehicle near the post in Bannu, a district in Khyber Pakhtunkhwa province, late Saturday, said senior police official Sajjad Khan. The attack triggered an intense shootout, and some officers were killed in the exchange, while others died later after the building collapsed, the Associated Press reported.
Rescuers conducted an hourslong search operation using heavy machinery to retrieve bodies from under the rubble, Khan said, adding that three police officers were wounded in the attack.
Security forces have also launched an operation to track down the perpetrators.
A newly formed militant group, Ittehad-ul-Mujahideen Pakistan, claimed responsibility for the attack.
Regional
UAE countering Iranian air attack after Trump says ceasefire still in effect
U.S. ally the United Arab Emirates said its air defences were engaging missile and drone threats from Iran early on Friday in a further test of the shaky, month-long ceasefire between the U.S. and Iran.
There were few details immediately available about the latest attack on the UAE, which came a day after the U.S. and Iran exchanged fire around the Strait of Hormuz, and as Washington awaited a response from Tehran to its proposal to end the conflict. Iran has often targeted the UAE and other Gulf countries that host U.S. bases since the war began on February 28, Reuters reported.
President Donald Trump said on Thursday three U.S. Navy destroyers were attacked as they moved through the strait, a conduit for around a fifth of the world’s oil and liquefied natural gas flows that Iran has all but closed since the conflict started.
“Three World Class American Destroyers just transited, very successfully, out of the Strait of Hormuz, under fire. There was no damage done to the three Destroyers, but great damage done to the Iranian attackers,” Trump wrote on Truth Social.
Trump later told reporters the ceasefire was still in effect and sought to play down the exchange.
“They trifled with us today. We blew them away,” Trump said in Washington.
Iran’s top joint military command accused the U.S. of violating the ceasefire by targeting an Iranian oil tanker and another ship, and of carrying out air attacks on civilian areas on Qeshm Island in the Strait of Hormuz and the nearby coastal areas of Bandar Khamir and Sirik on the mainland. The military said it responded by attacking U.S. military vessels east of the strait and south of the port of Chabahar.
A spokesperson for Iran’s Khatam al-Anbiya Central Headquarters said the Iranian strikes inflicted “significant damage,” but U.S. Central Command said none of its assets were hit.
Iran’s Press TV later reported that, following several hours of fire, “the situation on Iranian islands and coastal cities by the Strait of Hormuz is back to normal now.”
The two sides have occasionally exchanged gunfire since the ceasefire took effect on April 7, with Iran hitting targets in Gulf countries including the UAE.
Oil prices rose in early trade in Asia on Friday, with Brent crude jumping above $100 a barrel after the latest clashes between the U.S. and Iran.
TRUMP URGES NEGOTIATED END TO WAR
Trump suggested ongoing talks with Tehran remained on track despite Thursday’s hostilities, telling reporters, “We’re negotiating with the Iranians.”
Before the latest strikes, the U.S. had floated a proposal that would formally end the conflict but did not address key U.S. demands that Iran suspend its nuclear work and reopen the strait.
Tehran said it had not yet reached a decision on the emerging plan.
Even so, Trump said Tehran had acknowledged his demand that Iran could never get a nuclear weapon, a prohibition he said was spelled out in the U.S. proposal.
“There’s zero chance. And they know that, and they’ve agreed to that. Let’s see if they are willing to sign it,” Trump said.
Asked when any deal might be reached, Trump said, “It might not happen, but it could happen any day. I believe they want to deal more than I do.”
The war has tested Trump’s relationship with his U.S. base of supporters, after he had campaigned against involving the United States in foreign wars and promised to bring down fuel prices.
Average U.S. gasoline prices have climbed more than 40% since late February, rising by about $1.20 a gallon to more than $4, according to data from the American Automobile Association, as disruptions to oil shipments through the Strait of Hormuz pushed crude oil prices higher.
Regional
US and Iran closing in on one-page memo to end war, Axios reports
The U.S. State Department and White House did not immediately respond to a request for comment.
The White House believes it is getting close to an agreement with Iran on a one-page memorandum of understanding to end the war and set a framework for more detailed nuclear negotiations, Axios reported on Wednesday, citing two U.S. officials and two other sources briefed on the issue.
The U.S. expects Iranian responses on several key points in the next 48 hours, according to the report which cautioned that nothing has been agreed yet but said this was the closest the parties had been to an agreement since the war began, Reuters reported.
Among other provisions, the deal would involve Iran committing to a moratorium on nuclear enrichment, the U.S. agreeing to lift its sanctions and release billions in frozen Iranian funds, and both sides lifting restrictions around transit through the Strait of Hormuz, Axios said.
The one-page, 14-point memorandum of understanding is being negotiated between U.S. envoys Steve Witkoff and Jared Kushner and several Iranian officials, both directly and through mediators, the report said.
In its current form, the memorandum would declare an end to the war in the region and the start of a 30-day period of negotiations on a detailed agreement to open the strait, limit Iran’s nuclear programme and lift U.S. sanctions, Axios added.
Iran’s restrictions on shipping through the strait and the U.S. naval blockade would be gradually lifted during that 30-day period, Axios said, citing one U.S. official who added that if the negotiations collapse, U.S. forces would be able to restore the blockade or resume military action, read the report.
Iran said earlier on Wednesday it would accept a peace deal only if it was “fair”, after U.S. President Donald Trump paused a three-day-old naval mission tasked with reopening the Strait of Hormuz that had shaken the war’s month-old ceasefire.
Reuters could not immediately verify the report. The U.S. State Department and White House did not immediately respond to a request for comment.
U.S. stock index futures extended gains following the Axios report.
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