Saudi Arabia
Nuclear Deal Empowered Iran, Saudi Deputy Minister Says

(Bloomberg) — The Iran nuclear deal empowered the country to step up the developing of traditional weapons and has created more destruction in the Middle East, the Saudi deputy defense minister said.
The Iranian regime increased the budgets of the Islamic Revolutionary Guards, Hezbollah and the Houthis, Saudi Deputy Defense Minister Prince Khalid bin Salman said in an interview with Vice Media Saturday. “There were way more ballistic missiles launched at the Kingdom after the nuclear deal than before,” he said.
Khalid bin Salman, the brother of Mohammad bin Salman, said he supported President Donald Trump’s decision to pull out of the deal and blamed Iran for the escalating regional conflicts. “What I’m saying is we might have temporarily stopped the weapon of mass destruction, but we’ve created more destruction basically in the Middle East,” he said.
Iran has been gradually reducing its compliance with the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action, since U.S. President Donald Trump abandoned it and began reimposing sanctions on the country’s economy. Earlier this month, the U.S. killed a top Iranian general in Baghdad and Iran retaliated by directing missile strikes against two U.S. military installations in Iraq.
-
Banking & Finance2 weeks ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
Renewables2 months ago
Jindal Renewables and OQ Alternative Energy Sign Joint Development Agreement to Advance Integrated Renewable Power Projects in Oman
-
Bahrain2 weeks ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
OER Magazines1 month ago
OER, May 2025
-
Alamaliktistaad Magazines2 months ago
Al-Iktisaad, May 25
-
Leaders Speak2 months ago
OERLive SPOTLIGHT: Oman Sustainability Week 2025 and Oman Petroleum & Energy Show
-
Banking & Finance1 month ago
Central Bank of Oman Issues Regulatory Framework for Digital Banks
-
Banking & Finance2 months ago
United Finance Company: Strategically Serving Oman’s Auto Market with Faster, Customer-First Solutions