- Rafael Castro
- April 23, 2023
- Paper No. 2192
The recent reconciliation agreement between the Islamic Republic of Iran and the Kingdom of Saudi Arabia dismayed many Israeli policymakers, analysts, and journalists. The agreement suggests that Saudi Arabia is steering away from its course of rapprochement with Israel and cuddling up to the ayatollahs, thereby eroding Israel’s geostrategic position in the Middle East. But the widespread assessment of this development as entirely bad for Israel is short-sighted.