Iran security talks
Participants in the quadrilateral meeting of Iran, Pakistan, Turkey, and Saudi Arabia have agreed to continue talks aimed at forging cooperation specially in the field of peace and security. The meeting was held in Tehran. Iran's Supreme National Security Council Secretary Mohsen Rezaei hosted the talks. Pakistani Army Chief Asim Munir, Saudi Defence Minister Khalid bin Salman and Turkish intelligence chief Ibrahim Kalin were in attendance. Proposed by Pakistan and supported by Iran, the meeting aims to address regional instability and the repercussions of military aggression. President Masoud Pezeshkian told the event that Muslim countries, relying on their shared capacities, can offer the world a model of justice and development. He stressed that Iran supports any understanding that would enhance unity and cohesion among Muslim countries, expressing Iran's readiness to deepen regional cooperation and resolve differences. This is the first such meeting between Iran and all three members of the Mecca Pact.
'Safe energy supply'
Iranian President Masoud Pezeshkian says the US-Israeli aggression in the region has made energy export routes unsafe, threatening global energy supplies. Pezeshkian made the remarks ahead of his visit to Moscow to attend the 8th Gas Exporting Countries Forum summit, following an invitation from Russian President Vladimir Putin. The Iranian president said talks with member states would focus on securing transit routes and guaranteeing freedom of energy supplies. He stressed that strategic cooperation among gas-producing countries could help manage global energy markets. Pezeshkian also called for strengthening multilateralism and an end to unilateral sanctions, saying no country should impose its will on others through controlling the international financial system. Pezeshkian said he is set to hold talks with his Russian counterpart during his stay in Russia.
Aramco market value loss
A Yemeni military source says Aramco has lost more than 100 billion dollars in market value amid Saudi secrecy over the effects of repeated Yemeni strikes. The source told Yemeni media that investors in Saudi Arabia should monitor financial indicators before making decisions, warning that Aramco is not safe. Meanwhile, aviation data shows ballistic missile and drone strikes by Yemeni Armed Forces have nearly emptied the skies over the Saudi capital. 86 percent of scheduled flights at Riyadh's King Khalid International Airport were cancelled between October 8 and October 25. The reprisal strikes have stepped up this month, targeting airports, ports, and oil facilities. The Riyadh airport has also been struck repeatedly. Saudi authorities partially reopened the airport on Sunday after a halt lasting roughly two weeks.
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