Saudi banks strong before Fed; Qatar bounces, Dana Gas volatile

Aaron Brown
June 15, 2017

"Tehran is willing to have closer cooperation with the country in order to see stability and security established there", Zarif said.

Relations between the two neighbours are at their most tense in years. Equipped with AK-47 assault rifles, handguns, grenades and suicide vests, the gunmen killed security guards and ordinary people before holding people hostage in the upper floors of the building. Another attack involved an explosion near the Imam Khomeini shrine.

The Iranian leader has accused the United States and its regional ally Saudi Arabia of funding hardline groups, including ISIL, that reportedly carried out an attack on Iran, on Wednesday, claiming the lives of 17 people.

Baluchistan province is home to a Sunni population who form a minority in majority Shia Iran.

Two large regional powers on either side of the Sunni-Shiite Islamic sectarian divide, Saudi Arabia and Iran have been engaged in a longstanding cold war, tussling for influence in countries in their sphere of influence, especially Syria, Lebanon and Yemen, where Saudi-led bombing has left thousands of civilians dead.

"On the Western side the same type of activity is being undertaken, again by using the diplomatic hospitality of other neighbours", Zarif said.

Zarif said the US's failure to honor its obligations was not a new issue and that Iran had little economic interaction with the USA beyond the purchases of aircraft, which he said proceeded well despite the US's failure to perform in other areas.

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"We believe it is absolutely imperative for our region to resolve. disputes between our southern neighbors in the Persian Gulf through dialogue", he said, calling for the creation of "a permanent mechanism for consultation, dialogue and conflict resolution".

On Sunday Khamenei said attacks by IS in Europe and elsewhere show that Western policies in the Middle East have backfired.

Iran also accuses the United States for promoting armed in the region.

The Iranian leader also said the U.S. and Saudi Arabia are in partnership when it comes to funding Sunni militants.

He mentioned that Iran-Pakistan gas pipeline was a significant project to develop good relations with Iran, but the USA and Saudi administrations have been pressuring Islamabad to abandon the project.

The US is "trying to change. history", he said.

Other reports by Free-Prsite

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