Prime Minister Ahmet Davutoglu on Tuesday said Turkey was ready to do everything it could to help calm flaring tensions between Saudi Arabia and Iran, after Ankara expressed alarm over the consequences of the dispute between two key Muslim powers for the region.
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Iraqi Foreign Minister Ibrahim al-Jaafari held talks in Tehran Wednesday with the crisis between Saudi Arabia and Iran in focus as global concern mounts.
A rift between Saudi Arabia and Iran over the Saudi execution of a Shi’ite cleric failed to boost prices this week, as it appeared to put an end to speculation that OPEC members could agree on production cuts to lift prices.
The Organization of the Petroleum Exporting Countries is still pumping close to record amounts as Saudi Arabia and other big producers focus on market share, weighing on any recovery in oil prices from near 11-year lows.
Late Sunday, Saudi Arabia announced it was severing relations with Iran because of the assaults.
Some of its allies among Sunni Arab states followed suit, with Bahrain and Sudan breaking off ties and the United Arab Emirates downgrading relations.
While embassies are often a focus of protests worldwide, Iran still celebrates the anniversary of the 1979 takeover of the USA embassy in Tehran every year and refers to it as the Second Revolution.
Saudi Arabia has supported Egypt as it struggles with a growing insurgency and economic downturn.
The row has raised fears of an increase in sectarian tensions in the Middle East that could derail efforts to resolve pressing issues including the wars in Syria and Yemen.
“There are rising stockpiles and the tension between Iran and Saudi Arabia make any deal on production unlikely”. Egypt cut ties with Iran in 1989.
In Jordan, the Foreign Affairs Ministry summoned the Iranian ambassador to complain about the storming of the Saudi diplomatic mission in Iran, according to the official Petra news agency.
Asked about the diplomatic post attacks, al-Nimr said it was “not acceptable”.
Meanwhile, Brig. Gen. Mohsen Kazemeini, the top commander of the elite Revolutionary Guards in Tehran, condemned the attacks on the diplomatic facilities, which the Shiite government hinted was the work of foreign agitators.
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He was arrested in 2012 after calling for two governorates to be separated from the kingdom.
