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The region is experiencing a period of intense tension, with increasing fears of an outbreak of military conflict that could impact both regional and global security. Reports indicate that the escalation depends on the outcomes of US-Iranian negotiations, which are seen as an attempt to buy time before a potential confrontation following the US midterm elections. There is concern that any conflict could lead to the closing of the Strait of Hormuz and the Bab el-Mandeb Strait, causing oil prices to spike and disruptions in global supply chains, thereby threatening the global economy with widespread financial and living crises. In this context, Saudi Arabia has demonstrated a strong strategic stance by forming the "Makkah Defense" alliance with Pakistan and Turkey, aimed at reinforcing regional stability and protecting maritime navigation. The kingdom emphasizes the importance of Middle East stability for safeguarding the global economy and regional security.
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