Houthi missile attack an act of war by Iran; we have right to respond: Saudi Arabia

Agencies
November 7, 2017

Jeddah, Nov 7: Senior officials of Saudi Arabian government have termed the recent missile attack on Riyadh by Houthi rebels as an act of war by Iran, which according to them backs the rebels.

“The Kingdom reserves the right to respond in a timely manner to the hostile actions of the Iranian regime,” Saudi Foreign Minister Adel Al-Jubeir said.

“Iranian interventions in the region are detrimental to the security of neighboring countries and affect international peace and security. We will not allow any infringement of our national security.”

According to Saudi, Iran had supplied the ballistic missile which was fired into Saudi Arabia on Saturday night by Houthi rebels in Yemen. Saudi defense forces intercepted the missile and shot it down over King Khaled International Airport in Riyadh, and there were no casualties.

“Iran’s role and its direct command of its Houthi proxy in this matter constitute a clear act of aggression that targets neighboring countries, and threatens peace and security in the region and globally,” the Saudi-led coalition in Yemen said on Monday.

“Therefore, the coalition’s command considers this a blatant act of military aggression by the Iranian regime, and could rise to be considered as an act of war against the Kingdom of Saudi Arabia.

“The coalition command also affirms that the Kingdom reserves its right to respond to Iran at the appropriate time and in the appropriate manner.”

The Coalition Forces Command ordered the temporary closure on Monday of all air, sea and land ports in Yemen, except for aid workers and humanitarian supplies.

Col. Turki Al-Maliki, spokesman for the coalition, produced evidence on Sunday that Iran supplied weapons and technology to the Houthis, including ballistic missiles, launchers, aerial drones, land and naval mines and improvised explosive devices.

Bahraini Foreign Minister Sheikh Khaled bin Ahmed Al-Khalifa said Iran was a danger to the region, and the Harvard scholar and Iranian affairs expert Majid Rafizadeh said the international community should hold Tehran accountable.

“Compromises, concessions and diplomatic maneuvering don’t work with the Iranian regime,” he told Arab News. “Iranian leaders view concessions as weakness.”

He called for a combination of economic sanctions, political pressure and enhanced monitoring of Iran’s illegal activities. “Tehran’s exports and imports should be closely examined and restricted. The US, EU and Arab powers should form a military front, like NATO, as a bulwark against the Iran regime.”

Rafizadeh said Iran was the leading state sponsor of terrorism. “The UN should invoke UN Resolution 2231 and immediately punish Tehran for violating it. Otherwise, Tehran’s belligerent behavior will continue to grow. This can turn the regional conflict into a conflagration.”

UN Security Council Resolution 2231 adopted the 2015 Iranian nuclear deal, but also imposed restrictions on Iran’s use of some ballistic missiles.

Thomas Mattair, executive director of the Middle East Policy Council in Washington, told Arab News: “Iran should not expect to be able to facilitate attacks on Saudi Arabia without paying some consequences.”

Dr. Hamdan Al-Shehri, a Saudi political analyst and international relations scholar in Riyadh, said the international community should have prevented Iran from creating havoc in the region.

“Things would not have reached this pass if the world community had taken measures against Iran and its arming of militias such Hezbollah and the Houthis,” he told Arab News. “The world’s inaction led Iran to believe that it can basically get away with murder.”

He condemned Iran for first attacking Makkah in July, and now Riyadh. “They want to kill innocent people and spread terror; this is their only business.”

The world community, and specifically the US and Russia, must pressurize Iran to give up its hostility to Arab countries, Al-Shehri said. “Now is the time to act.”

Al-Shehri said the missile attack on Riyadh was a “declaration of war” on Saudi Arabia.

“Saudi Arabia will not sit idle and will not wait for the international community to do nothing,” he said. “Foreign Minister Adel Al-Jubeir has made it clear that Saudi Arabia, in coordination with its Arab allies, reserves the right to defend its sovereignty and its people.”

Al-Shehri said all options were on the table and all measures were being explored. “The Saudi leadership will decide what option and measures to go for and when,” he said. “One thing is clear, this Iranian-Hezbollah-Houthi provocation and attack will not go unpunished.”

Among the options, he said, was directly confronting Iran. “A fitting Saudi response will come at a time and place of its choosing.”

David Pollack, a scholar at the Washington Institute for Near East policy, said Saudi Arabia “generally has a valid case. The Arab coalition and its international partners, including the US, should intensify maritime and land interdiction efforts, including via Oman.”

Aaron David Miller, vice president for new initiatives and Middle East program director at the Woodrow Wilson Center for International Scholars, speculated that Saudi Arabia had reached a “firm understanding” with the US that should tensions with Iran escalate, “the US will be there to support” the Kingdom.

King Salman and President Donald Trump spoke by phone on Saturday and discussed the Houthi missile attack and Iran’s involvement in the region.

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News Network
March 11,2020

Riyadh, Mar 11: Energy titan Saudi Aramco said Tuesday it will boost crude oil supplies to 12.3 million barrels per day in April, flooding markets as it escalates a price war with Russia.

Riyadh had already slashed its price for April delivery after Russia refused its proposal that producer alliance OPEC+ orchestrate a co-ordinated cut of 1.5 million barrels per day.

The production cut had been mooted to shore up global oil prices, which have gone into meltdown as the deadly new coronavirus casts a pall over the world economy, but now price cuts and rising output indicate an unravelling of OPEC+ co-operation.

"Saudi Aramco announces that it will provide its customers with 12.3 million barrels per day of crude oil in April," the company said in a statement to the Saudi stock exchange.

Saudi Arabia, the world's biggest crude exporter has been pumping some 9.8 million bpd so its announcement on Tuesday means it will be adding at least 2.5 million bpd from April.

"The Company has agreed with its customers to provide them with such volumes starting 1 April 2020. The Company expects that this will have a positive, long-term financial effect," the statement said.

Saudi Arabia says it has an output capacity of 12 million bpd but it is not known for how long it can sustain such levels.

The kingdom also has millions of barrels of crude stored in strategic reserves to be used when needed and is expected to use it to provide the extra supply to the global market.

"Production above 12 million bpd shows the Saudis have something to prove," director of Britain-based RS Energy Bill Farren-Price said.

"This is a grab for market share. The taps are open and the prices have been cut sharply," Farren-Price told AFP.

In a quick response, Russian Energy Minister Alexander Novak said Moscow could boost production in the short term "by 200,00-300,000 bpd, with a potential of 500,000 bpd in the near future".

But he stressed that Moscow was in favour of extending a December agreement that had seen OPEC and Russia agree to cut production by 500,000 barrels per day in 2020, lowering output from October 2018 levels by 1.7 million barrels per day.

The events of recent days have signalled a disintegration of collaboration between OPEC and Russia.

Russia is a non-OPEC member and the world's second-biggest oil producer, but Moscow and other non-members have in recent years co-operated with the oil cartel in an arrangement known as OPEC+.

The Saudi price cuts over the weekend, which were the first salvo in the price war, sent oil prices crashing -- registering the single biggest one-day loss in three decades on Monday.

Saudi Arabia draws around 70 per cent of its revenues from oil, and the revenues are key to ambitious reform programmes launched by Crown Prince Mohammed bin Salman.

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Agencies
July 30,2020

Mumbai, Jul 30: Counterfeiting incidents have increased 24 per cent in the country in 2019 over the previous year, creating an over Rs 1 lakh crore hole in the economy, according to a report.

The report also said counterfeiters are having a free run due to the pandemic-driven disruptions to organised supply chains and the resultant spike in consumer demand.

According to the report by ASPA, a self-regulated industry body of anti-counterfeiting and traceability solutions providers, counterfeiting has risen steadily in the last few years, and exploiting the pandemic as a cover for their activities.

Between February and April 2020, over 150 incidents of counterfeiting cases were reported, mostly about fake PPE kits, sanitisers and masks taking advantage of the high demand for these products, it noted.

"There was a 24 per cent increase in counterfeiting in 2019 over 2018, leading to the loss of more than Rs 1 lakh crore to the overall economy," said Nakul Pasricha, president of Authentication Solution Providers Association.

The association works with global authorities like the International Hologram Manufacturers Association, Counterfeit Intelligence Bureau of the Interpol, and domestic industry lobbies like Ficci, he said.

Counterfeiting is a universal issue and is 3.3 per cent of global trade, according to the OECD data, impacting social and economic development across the world.

The report lists the currency, FMCG, alcohol, pharma, documents, agriculture, infrastructure, automotive, tobacco, lifestyle and apparel, as the 10 sectors impacted most by counterfeiting.

Among these, currency, alcohol and FMCG continue to be the top three sectors with the highest counterfeiting in the last two years. The FMCG sector is most vulnerable, as counterfeit incidents rose 63 per cent between 2018 (79) and 2019 when the reported cases jumped to 129.

Within the states, the fakers have a free run in Uttar Pradesh, Bihar, Rajasthan, Madhya Pradesh, Bengal, Punjab, Jharkhand, Delhi, Gujarat, and Uttarakhand, calling for urgent actions to frame anti-counterfeiting policy measures.

According to the report, UP continues to be on top followed by Bihar, Rajasthan, and together these three states represent almost 45 per cent of all counterfeiting reported in the last two years.

What is more alarming is that counterfeiting is not limited to high-end luxury items today, as common everyday items as fake cumin seeds, mustard cooking oil, ghee, hair oils, soaps, baby care vaccines and medicines are aplenty in the markets.

"There is an urgent need for building and nurturing authentication ecosystems in the country with the active involvement and active participation of all stakeholders," said Pasricha.

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News Network
January 3,2020

New Delhi, Jan 3: US aviation regulator Federal Aviation Administration on Thursday warned America's airlines and their pilots that there is risk involved in operating flights in Pakistan airspace due to "extremist or militant activity", according to an official document.

"Exercise caution during flight operations. There is a risk to US civil aviation operating in the territory and airspace of Pakistan due to extremist/militant activity," said the US Federal Aviation Administration (FAA) in a notice to airmen (NOTAM) dated December 30, 2019.

The NOTAM is applicable to all US-based airlines and US-based pilots.

The US regulator said in its NOTAM that there continues to be a risk to US civil aviation sector from attacks against airports and aircraft in Pakistan, particularly for aircraft on the ground and aircraft operating at low altitudes, including during the arrival and departure phases of flights.

"The ongoing presence of extremist/militant elements operating in Pakistan poses a continued risk to US civil aviation from small-arms fire, complex attacks against airports, indirect weapons fire, and anti-aircraft fire, any of which could occur with little or no warning," it said.

The FAA said that while, to date, there have been no reports of man-portable air defense systems or Manpads being used against the civil aviation sector in Pakistan, some extremist or terrorist groups operating there are suspected of having access to these Manpads.

"As a result, there is potential risk for extremists/militants to target civil aviation in Pakistan with Manpads," it said.

The regulator added that pilots or airlines must report safety or security incidents - which may happen in Pakistan - to the FAA.

Pakistan on July 16 last year opened its airspace for India after about five months of restrictions imposed in the wake of a standoff with New Delhi.

Following the Balakot airstrikes by the Indian Air Force, Pakistan had closed its airspace on February 26 last year.

Pakistan in October last year had denied India's request to allow Prime Minister Narendra Modi's VVIP flight to use its airspace for his visit to Saudi Arabia over the Jammu and Kashmir issue.

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