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US seeks $61 million in cryptocurrency tied to Iran oil sales

Saudi Arabia is taking a harder military posture after efforts to defuse tensions with Tehran stalled. Riyadh had sought de-escalation, wary that a wider conflict could threaten the regional stability on which its economic ambitions depend.

Iran International

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Sep 15, 2026 at 8:34 AM UTC · 6 dk okuma

US seeks $61 million in cryptocurrency tied to Iran oil sales
Image via Iran International
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Saudi Arabia is taking a harder military posture after efforts to defuse tensions with Tehran stalled. Riyadh had sought de-escalation, wary that a wider conflict could threaten the regional stability on which its economic ambitions depend.

A meeting planned for Monday between Iran and several Persian Gulf states over arrangements for the Strait of Hormuz was postponed after Saudi Arabia requested a delay, amid Riyadh’s growing frustration over attacks by Iran-aligned groups.

That leaves Riyadh with options, none of them ideal.

Saudi Arabia does not want an all-out war. But the Houthis may be testing how long the kingdom can afford to avoid one.

Saad bin Tefla Al Ajmi, Kuwait's former information minister, said Saudi Arabia has so far exercised patience but its military options remain open.

That restraint reflects what the kingdom has at stake. Saudi Arabia has spent years trying to avoid being dragged back into direct conflict with the Houthis, while its economic transformation depends heavily on regional stability.

"There is no stability, there is no development. There is no stability, there is no prosperity," Al Ajmi told Iran International.

But Houthi attacks on Saudi territory and advances along Yemen’s Red Sea coast are making that restraint increasingly difficult to maintain. The Saudi-led coalition said Houthi missile and drone attacks on Khamis Mushait, Abha and Taif on Monday injured 13 civilians.

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