AIRLINK 196.38 Increased By ▲ 4.54 (2.37%)
BOP 10.11 Increased By ▲ 0.24 (2.43%)
CNERGY 7.75 Increased By ▲ 0.08 (1.04%)
FCCL 38.10 Increased By ▲ 0.24 (0.63%)
FFL 15.74 Decreased By ▼ -0.02 (-0.13%)
FLYNG 24.54 Decreased By ▼ -0.77 (-3.04%)
HUBC 130.38 Increased By ▲ 0.21 (0.16%)
HUMNL 13.73 Increased By ▲ 0.14 (1.03%)
KEL 4.60 Decreased By ▼ -0.07 (-1.5%)
KOSM 6.19 Decreased By ▼ -0.02 (-0.32%)
MLCF 44.85 Increased By ▲ 0.56 (1.26%)
OGDC 206.51 Decreased By ▼ -0.36 (-0.17%)
PACE 6.58 Increased By ▲ 0.02 (0.3%)
PAEL 39.77 Decreased By ▼ -0.78 (-1.92%)
PIAHCLA 17.20 Decreased By ▼ -0.39 (-2.22%)
PIBTL 7.99 Decreased By ▼ -0.08 (-0.99%)
POWER 9.20 Decreased By ▼ -0.04 (-0.43%)
PPL 178.91 Increased By ▲ 0.35 (0.2%)
PRL 38.93 Decreased By ▼ -0.15 (-0.38%)
PTC 24.31 Increased By ▲ 0.17 (0.7%)
SEARL 109.27 Increased By ▲ 1.42 (1.32%)
SILK 1.00 Increased By ▲ 0.03 (3.09%)
SSGC 37.75 Decreased By ▼ -1.36 (-3.48%)
SYM 18.83 Decreased By ▼ -0.29 (-1.52%)
TELE 8.53 Decreased By ▼ -0.07 (-0.81%)
TPLP 12.14 Decreased By ▼ -0.23 (-1.86%)
TRG 64.76 Decreased By ▼ -1.25 (-1.89%)
WAVESAPP 12.11 Decreased By ▼ -0.67 (-5.24%)
WTL 1.64 Decreased By ▼ -0.06 (-3.53%)
YOUW 3.87 Decreased By ▼ -0.08 (-2.03%)
BR100 12,000 Increased By 69.2 (0.58%)
BR30 35,548 Decreased By -112 (-0.31%)
KSE100 114,256 Increased By 1049.3 (0.93%)
KSE30 35,870 Increased By 304.3 (0.86%)

Lebanon's Hezbollah warned Saudi Arabia on Friday against betting on a war against Iran because it would destroy the kingdom and said Riyadh and the United Arab Emirates should halt the conflict in Yemen to protect themselves. Sayyed Hassan Nasrallah, head of the Iran-backed Shia group, also said new air defences could not easily defend Saudi Arabia from the type of drones used in a Sept. 14 attacks on Saudi oil installations.
Tensions have spiked in the region since the attacks that officials in Washington and Riyadh have blamed on Iran, which has denied involvement. Responsibility was claimed by Yemen's Houthi movement, an Iran-aligned group fighting a Saudi-led alliance in Yemen's civil war. Hezbollah is a heavily armed Shia group set up by Iran's Revolutionary Guards in 1982 and a major part of a Tehran-backed regional alliance.
"Don't bet on a war against Iran because they will destroy you," Nasrallah said in a televised speech. Noting that the attack had initially halved Saudi oil output, he added: "Your house is made of glass and your economy is made of glass. Like the glass cities in the UAE."
Nasrallah said the attacks on the Aramco installations showed the strength of the Iran-backed alliance and that new air defences could not easily defend Saudi Arabia given its size and the manoeuvrability of the drones used. New air defences would "be very expensive and it will be of no use", he said. His advice to both Saudi Arabia and its ally the United Arab Emirates was to instead stop the war in Yemen.
Noting threats by the Houthi movement against the UAE, he added: "The thing that will protect the installations and infrastructure in Saudi Arabia and the UAE is halting the war against the Yemeni people."

Copyright Reuters, 2019

Comments

Comments are closed.