De-escalate, Pentagon tells Persian Gulf rivals

10 Jul 2017   Qatar, Saudi Arabia

The U.S. military said it was pressing Persian Gulf countries to resolve lingering issues with Qatar, an issue that presents risks to the energy sector. Saudi Arabia in June led a coalition of Middle East countries in severing ties with Qatar, adding a layer of geopolitical risk to the global energy market. Saudi Arabia is the largest oil producer in the Organization of Petroleum Exporting Countries, Qatar is a leading natural gas supplier and the Persian Gulf is a choke point for the flow of energy supplies from the region. The countries accused Qatar of supporting terrorist networks and called on the nation to downgrade its relations with the Muslim Brotherhood in Egypt and close its al-Jazeera media […]

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