Saudi-Iranian Normalization- Recent Developments, Significance & Reasons

From Current Affairs Notes for UPSC » Editorials & In-depths » This topic
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
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