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Saudi Arabia Offers To Invest In Iran To Limit Israel-Hamas War - Bloomberg

November 29, 2023 7:01 AM EST
(Updated - November 29, 2023 7:52 AM EST)

Saudi Arabia has approached Iran with an offer to boost cooperation and invest in its economy if it stops its regional proxies from turning the Israel-Hamas war into a wider conflict, according to a report from Bloomberg, citing Arab and Western officials familiar with the matter.

The offer hinges on Iran reining in its regional proxies.

Riyadh is also working with the U.S. and Arab allies to contain Iran.



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