, Columnist
Iran-Saudi Cold War Reaches Japan
Oil geopolitics may torpedo the merger of Idemitsu and Showa Shell.
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Iran's simmering proxy conflict with Saudi Arabia is cropping up all over the place.
Riyadh helped crush an Arab Spring uprising in Shiite-majority Bahrain in 2011, and friction between the two countries has fueled civil wars in Syria and Yemen. Attempts to reignite oil prices earlier this year were thrown into disarray when Iran refused to attend an oil producers' meeting in Doha.
