Contact with Iran continues, with efforts underway to bring both sides to talks, Reuters reports citing two Pakistani sources; Iranian missile strikes on Saudi targets risk derailing negotiations
- Pakistan signals it will back Saudi Arabia under defence pact if conflict escalates.
Context
The ongoing contact between Iran and intermediaries like Pakistan underscores the fragility of current negotiations, especially with recent Iranian missile strikes on Saudi Arabia. If Pakistan escalates its backing of Saudi Arabia under their defence pact, we could see heightened geopolitical tensions, potentially affecting oil prices and prompting a flight to safe-haven assets.
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