Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Platter who wrote (38801)	3/3/1999 1:39:00 PM
From: Crimson Ghost	Respond to of 95453

Looks like Iran using carrot and stick approach with Gulf Arabs gent GCC meeting regarding Emirates - Iran tensions Gulf, Politics, 3/3/99 King Fahd Bin Abdul Aziz of Saudi Arabia met on Tuesday in Riyadh with Iranian Foreign Minister Kamal Kharazi. The Iranian FM also met with Saudi Crown Prince Abdullah Bin Abdul Aziz, in the presence of Saudi Oil Minister Ali al-Nueimi. Kharazi conveyed a message from Iranian President Muhammad Khatami to the Saudi King. No information was reported on the content of the message. The Saudi - Iranian talks held on Tuesday concentrated on the Iranian - UAE tensions concerning the three disputed UAE islands and the oil price crisis, from which both Iran and Saudi Arabia are suffering. On Wednesday the foreign ministers of the Gulf Cooperation Council countries holds an extraordinary session in Abu Dhabi to discuss the Iranian violations and the military maneuvers carried out by Iran in the territorial waters of the UAE. Well-informed diplomatic sources in Riyadh said that the Saudis expressed to the Iranian FM that reaching a just and lasting solution to the dispute over sovereignty over the three Gulf islands, Greater Tanb, Lesser Tanb and Abu Mousa, is but an entrance to establishing full relations between Tehran and each of the GCC member states. The sources indicated that Saudi Arabia has expressed to Kharazi its regret over the recent Iranian behavior in the opening of a municipality center by the Iranian minister of the interior on Abu Mousa island. On the other hand, the Abu Dhabi meeting comes in response to the call made by the UAE, the current chairman of the GCC. Diplomatic sources in Abu Dhabi expected the meeting to conclude a more "tough and solid stand in condemning the Iranian military maneuvers in the territorial waters of the United Arab Emirates."