Saudi-Iranian Normalization- Recent Developments, Significance & Reasons

In a surprise move, Saudi Arabia and Iran announced intentions to re-establish formal diplomatic ties, 7 years after the relationship broke down. This deal, brokered by China, holds major significance for the West Asian geo-politics and also the larger international interests.

Background:

• The rivalry between Saudi Arabia and Iran dates back to pre-Iranian Revolution period. Apart from the race for regional dominance and a larger chuck of the energy export market, the countries’ enmity is also flavoured by ideological and sectarian factors.
• Notably, Ira