A geopolitical earthquake is taking place in the Middle East tonight as the rift between Qatar and other members of the (likely extinct) Gulf Cooperation Council explodes with Bahrain, UAE, Saudi Arabia, and Egypt cutting all diplomatic ties with Qatar accusing it of "speading chaos," by funding terrorism and supporting Iran.
The dispute between Qatar and the Gulf's Arab countries started over a purported hack of Qatar's state-run news agency. It has spiraled since, and appears to be climaxing now.
As Al Arabiya reports, Bahrain has announced it is cutting diplomatic ties with Qatar, according to a statement carried on Bahrain News Agency.
The statement on Monday morning said Bahrain decided to sever ties with its neighbor “on the insistence of the State of Qatar to continue destabilizing the security and stability of the Kingdom of Bahrain and to intervene in its affairs”.
The statement also said Qatar’s incitement of the media and supporting of terrorist activities and financing groups linked to Iran were reasons behind the decision.
“(Qatar has) spread chaos in Bahrain in flagrant violation of all agreements and covenants and principles of international law Without regard to values, law or morals or consideration of the principles of good neighborliness or commitment to the constants of Gulf relations and the denial of all previous commitments,” the statement read.
Qatari citizens have 14 days to leave Bahraini territories while Qatari diplomats were given 48 hours to leave the country after being expelled. Meanwhile, Bahrain has also banned all of its citizens from visiting or residing in Qatar after the severance of ties.
Additionally, Bahrain has has closed both air and sea borders with Qatar.
Saudi Arabia then confirmed the same – cutting ties and shutting down all sea, airspace, and land crossings with Qatar as well as dissolving Qatar's role in the Saudi-led coalition fighting against Yemen. Emirates, Etihad, Saudia, Gulf Air, and Egypt Air are no longer allowed to fly to Qatar and Saudi Arabia is providinhg facilities, services to Qatari pilgrims
Egypt then followed, confirming it was cutting diplomatic ties with
Then UAE confirmed it would cut ties, shut down all sky, water, and land crossings, and expel all Qataris within 48 hours.
The Maldives also just cut diplomatic ties with Qatar.
All of this happens within 24 hours of Iran calling out 'The West' for ignoring the real sponsors of terrorism around the world and UK's Labor party leader outright name-shaming Sauid Arabia's funding of terrorism.
Qatari officials did not immediately respond to a request for comment.
Did Qatar just get scapegoated in the 'war on terror'? One thing seems clear, support for a Syrian gas pipeline will be dwindling and with it the need for a Syrian war.
Notably, this raises further doubts about OPEC's stability. As Bloomberg notes, while Middle East ructions have historically added risk premia to oil prices, discord here could theoretically put downward pressure on prices as OPEC members struggle to maintain unity and compliance on production cuts.
via http://ift.tt/2qWb1Ux Tyler Durden