Saudi Arabia tells Iran it will be 'the biggest loser' as drone strikes spray Arab states | Fortune
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Saudi Arabia tells Iran it will be 'the biggest loser' as drone strikes spray Arab states | Fortune
"Iranian state TV early Monday said Mojtaba Khamenei, son of the country's late supreme leader, has been named his successor. He had long been considered a contender, even before an Israeli strike killed his father at the start of the war, and despite never being elected or appointed to a government position. Iran's powerful paramilitary Revolutionary Guard answers to the supreme leader, and the younger Khamenei will have the central say in war strategy."
"Saudi Arabia sharpened its warnings to Iran early Monday, telling Tehran it would be the "biggest loser" if it continues to attack Arab states. The Saudi statement came after a new drone attack apparently targeted its massive Shaybah oil field. The kingdom dismissed comments by Iranian President Masoud Pezeshkian on Saturday that Iran had halted its attacks on Gulf Arab states."
"U.S. President Donald Trump offered assurance to consumers as oil prices eclipsed $100 per barrel for the first time in more than three and a half years Sunday, with the Iran war hindering production and shipping in the Middle East. "Short term oil prices, which will drop rapidly when the destruction of the Iran nuclear threat is over, is a very small price to p""
Iranian state TV announced that Mojtaba Khamenei, son of the late supreme leader, has been named as his successor. Despite never holding an elected or appointed government position, he was long considered a contender for leadership. As supreme leader, he will have central authority over Iran's powerful Revolutionary Guard and control war strategy decisions. Simultaneously, Saudi Arabia escalated warnings to Iran, calling it the "biggest loser" if attacks on Arab states continue, following a drone strike on the Shaybah oil field. Saudi officials rejected Iranian claims of halted attacks. U.S. President Trump stated that oil prices exceeding $100 per barrel will drop rapidly once the Iran conflict ends, suggesting any new Iranian leader will require his approval to remain in power.
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