Saudi Arabia Bans All Flights To And From Iran

[MowCowWhoHow III]

Source: Sky News

Saudi Arabia is reportedly stopping all flights to and from Iran - and banning its citizens from travelling there.

Saudi foreign minister Adel al Jubeir told Reuters all commercial ties between the countries would also be cut.

It follows attacks on the Saudi embassy in Iran by protesters angry at the execution of Shia cleric Sheikh Nimr al Nimr.

Sunni-led Saudi Arabia claims the killing was part of a war on terrorism - but it has sparked protests among Shia Muslims throughout the region.

Read more: http://news.sky.com/story/1616506/saudi-arabia-bans-all-flights-to-and-from-iran

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BREAKING: Saudi Arabia will cut off all commercial ties with Iran, ban its citizens from traveling to Iran: foreign minister
https://twitter.com/Reuters/status/684023845104291840

[FrodosPet]

1. I could drop a million "F" bombs, and it would not be enough, to describe how messed up this is

Especially when ignorant assholes start dropping "A" and "H" ones.

[Spitfire of ATJ]

2. This is the sort of thing that wars are made of....

The Saudis and the Iranians have large armies and real air forces that have been mostly ceremonial until recently.

These two have been at it since they were called Arabia and Persia.

[Myrddin]

10. Not sure about the Iranians...

... but the Saudis 'have all the gear, and no idea'!

Their protracted raids over Yemen will not have been possible without - ahem - a little help from their friends (read - my lot, Brits, and your own fellow countrymen). The Sauds are incapable of keeping military aircraft flying for more than a couple of days without that help. I speak from personal experience.

[Spitfire of ATJ]

12. Just remember the Saudis have the oil and their #1 rival is Iran.

[bemildred]

3. Smell the flop sweat. nt

[Strelnikov_]

4. May be a good time to buy an electric car . . . before the panic n/t

[Gregorian]

5. Economists are saying war is the typical default under these world conditions.

It's so stupid: the economies are sucking, so since we can't work it out with words, we'll start blowing stuff up.

I'd like to think we could all get along, but some people want more goodies than they can afford, so we all have to pay. Thanks Bush and Saud.

[LittleGirl]

6. Why are the Saudi's our allies again? eom

[ChairmanAgnostic]

7. every explanation I have heard leaves me unconvinced.

[Strelnikov_]

8. Petrodollar

On August 15, 1971, President Richard M. Nixon shocked the global economy when he officially ended the international convertibility from U.S. dollars into gold, thereby bringing an official end to the Bretton Woods arrangement.

Two years later, in an effort to maintain global demand for U.S. dollars, another system was created called the petrodollar system. In 1973, a deal was struck between Saudi Arabia and the United States in which every barrel of oil purchased from the Saudis would be denominated in U.S. dollars. Under this new arrangement, any country that sought to purchase oil from Saudi Arabia would be required to first exchange their own national currency for U.S. dollars. In exchange for Saudi Arabia's willingness to denominate their oil sales exclusively in U.S. dollars, the United States offered weapons and protection of their oil fields from neighboring nations, including Israel.

By 1975, all of the OPEC nations had agreed to price their own oil supplies exclusively in U.S. dollars in exchange for weapons and military protection.

This petrodollar system, or more simply known as an "oil for dollars" system, created an immediate artificial demand for U.S. dollars around the globe. And of course, as global oil demand increased, so did the demand for U.S. dollars.

[LittleGirl]

9. I was too young

to follow politics at that time and don't remember this. Thank you for providing that info as I knew this was the practice but didn't realize that Nixon started it. What a crook!

Thank again.

[Spitfire of ATJ]

13. ...

[Calista241]

11. Everything is all fun and games until they ban Iranians from attending the Hajj. n/t