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Date: Fri, 24 Mar 2023 16:58:10 +0000
To: Andrew Sterling <andrew@sterlingcal.com>
From: The Signal <newsletter@thesgnl.co>
Reply-To: The Signal <newsletter@thesgnl.co>
Subject: Long Road, Sudden Turn
Message-ID: <010f0187148e6acc-0cf97278-f174-4cfd-bff7-9c50b4a3e437-000000@us-east-2.amazonses.com>
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<p><span style=3D"display:none !important;font-size:0px;line-height:0;color=
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es it mean that former enemies Iran and Saudi Arabia are now cooperating&md=
ash;thanks to China? Steven Cook on appearances and reality in a changing M=
iddle East.</span></p>

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g>Steven Cook</strong>&nbsp;on appearances and reality in a changing Middle=
 East.</p>
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=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"=
padding:0;Margin:0;font-size:0px"><a href=3D"https://c19gz9zr.r.us-east-2.a=
wstrack.me/L0/https:%2F%2Fsendy.thesgnl.co%2Fl%2F47QrwdESMr6NDlbHE4k9mA%2Fh=
cpz1OyAFgmm6C1aWseD6g%2F763dUGKwDO6OPwE5SbQ8p44A/1/010f0187148e6acc-0cf9727=
8-f174-4cfd-bff7-9c50b4a3e437-000000/ECXfqSR5JDdmS92ImoqbyEgTY44=3D99" styl=
e=3D"-webkit-text-size-adjust:none;-ms-text-size-adjust:none;mso-line-heigh=
t-rule:exactly;text-decoration:underline;color:#B7985E;font-size:16px" targ=
et=3D"_blank"><img alt=3D"" class=3D"adapt-img" src=3D"https://ajwcbt.strip=
ocdn.email/content/guids/CABINET_2fb1448b31ee95ea8c580243491e8e3048f3db3cc6=
de480607bb7338aa649c4f/images/banner3_23_23.jpg" style=3D"display:block;bor=
der:0;outline:none;text-decoration:none;-ms-interpolation-mode:bicubic" wid=
th=3D"560" /></a></td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"=
padding:0;Margin:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#969892;font-size:16px">Ivy Gould / The Signal</p>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"pa=
dding:0;Margin:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px"><strong>After decades of insults, =
threats, and proxy conflicts</strong>&nbsp;around the Middle East, Iran and=
 Saudi Arabia announced an agreement on March 10 to restore diplomatic rela=
tions. The announcement was surprising, not least because the agreement was=
 brokered by China&mdash;and with no involvement from the United States, th=
e pre-eminent power in the region since the end of the Cold War. Saudi Arab=
ia and Iran themselves have been enemies since 1979, when Iran&rsquo;s Isla=
mic Revolution toppled the shah&mdash;a staunch U.S. ally&mdash;and the Rev=
olution&rsquo;s supporters started chanting <em>Death to America</em>&nbsp;=
and threatening Washington&rsquo;s partners in the region, including the Sa=
udis. Meanwhile, China has been developing its ties in the Middle East for =
years now. But openly mediating a new diplomatic pact between two of the re=
gion&rsquo;s biggest powers&mdash;a pact that will see them reopen embassie=
s, revive a security agreement, and reestablish economic and cultural ties&=
mdash;would seem a major turning point. What&rsquo;s going on here?<br />
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px"><strong>Steven Cook</strong>&nbsp;=
is a senior fellow for Middle East and Africa Studies based in Washington w=
ith the Council on Foreign Relations. To Cook, the new agreement isn&rsquo;=
t as surprising, or shocking to the constellation of power in the Middle Ea=
st, as it might seem. Behind all their conflict, the Iranians and the Saudi=
s have been finding gradually more and stronger incentives to put their dif=
ferences aside; they needed help settling them; and China was at hand and h=
appy to give it. The development shows how radically the position of the Un=
ited States in the Middle East has changed over the past 30 years&mdash;but=
, Cook says, the Chinese aren&rsquo;t simply replacing the Americans in the=
 region; something altogether new is taking shape.</p>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"=
padding:20px;Margin:0;font-size:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<table border=3D"0" cellpaddin=
g=3D"0" cellspacing=3D"0" height=3D"100%" role=3D"presentation" style=3D"ms=
o-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;border-spa=
cing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td style=3D"padding:=
0;Margin:0;border-bottom:1px solid #969892;background:unset;height:1px;widt=
h:100%;margin:0px">&nbsp;</td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"pa=
dding:0;Margin:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px"><strong>Sean Nangle</strong>: What=
&rsquo;s just happened in the Middle East?<br />
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px"><strong>Steven Cook</strong>: The =
global perception of what&rsquo;s happened is interesting to start with. Th=
ere&rsquo;s been a tendency to see the Iranian-Saudi deal as the mark of a =
sudden and dramatic shift in the region. After all, Washington has been hig=
hly focused on the global challenge from China; the media&mdash;U.S. and in=
ternational&mdash;has been highly focused on Washington being highly focuse=
d on the global challenge from China; and then, all of a sudden, it comes o=
ut that China has brokered a grand bargain between, of all countries, Iran =
and Saudi Arabia.<br />
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<br />
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09Yet if you look at the substan=
ce of the deal, it&rsquo;s an agreement to reestablish diplomatic relations=
 between Tehran and Riyadh. The substance isn&rsquo;t unprecedented. In the=
 current environment, it may have been a little too easy for commentators i=
n the media to lose sight of the fact that Iran and Saudi Arabia have maint=
ained diplomatic relations before&mdash;through some very frosty and tensio=
n-filled years, at that.<br />
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">Okay, not in the last six years, s=
o something important has happened here. And okay, the deal was brokered by=
 the Chinese. That&rsquo;s new&mdash;and undoubtedly something important to=
o, because it shows that Beijing is now a real factor in the Middle East. B=
ut we have to remember, if anyone was going to broker this deal, it wasn&rs=
quo;t going to be the United States&mdash;because the United States doesn&r=
squo;t talk to Iran.</p>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"=
padding:0;Margin:0;font-size:0px"><a href=3D"https://c19gz9zr.r.us-east-2.a=
wstrack.me/L0/https:%2F%2Fsendy.thesgnl.co%2Fl%2F47QrwdESMr6NDlbHE4k9mA%2FF=
l4iACSmHalezmqLCLdl4A%2F763dUGKwDO6OPwE5SbQ8p44A/1/010f0187148e6acc-0cf9727=
8-f174-4cfd-bff7-9c50b4a3e437-000000/K7xF0OUhjJazwSeofJuTKl0MLcA=3D99" styl=
e=3D"-webkit-text-size-adjust:none;-ms-text-size-adjust:none;mso-line-heigh=
t-rule:exactly;text-decoration:underline;color:#B7985E;font-size:16px" targ=
et=3D"_blank"><img alt=3D"" class=3D"adapt-img" src=3D"https://ajwcbt.strip=
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=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"=
padding:0;Margin:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
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dding:0;Margin:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">So I&rsquo;m not sure we can say a=
ny of this reflects a sudden change in the Middle East. What it does reflec=
t, though, is a striking moment in an ongoing evolution of the region&rsquo=
;s geopolitics. Which is to say, in a waning of the time when America was t=
ruly predominant, when it had no real peer competitor&mdash;no <em>near</em=
>-peer competitor&mdash;in more or less the 20-years between 1991 and 2011.=
 What the new deal reflects is that this time is well over. And now there a=
re options for countries in the region looking for diplomatic brokers other=
 than Washington.<br />
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px"><strong>Nangle</strong>: Iran and =
Saudi Arabia have had, as you say, a frosty and tension-filled relationship=
, going back more than 40 years&mdash;to Iran&rsquo;s Islamic Revolution in=
 1979. Iran has since staked a lot of its regional and international reputa=
tion on resistance to the U.S. and its allies, with the Saudis being one of=
 the most prominent among them. Why would Iran want to reestablish diplomat=
ic relations now?<br />
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px"><strong>Cook</strong>: In the days=
 after the deal, the Iranian media was very chirpy about the whole thing&md=
ash;making a lot of the meetings that would now take place on the road to r=
eestablishing diplomatic relations, the Iranian delegations that would now =
be going to the United Arab Emirates, and so on.<br />
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<br />
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09It was clear to me, listening,=
 that this wasn&rsquo;t just propaganda or posturing. You could see an emer=
ging sense that establishing diplomatic relations with the Saudis now is a =
powerful way to drive a wedge between them and the Americans&mdash;Saudi Ar=
abia being the big dog in the Gulf; being such close allies with the U.S. o=
ver the years; and now being closer than ever to Israel, as Israel continue=
s to <a href=3D"https://c19gz9zr.r.us-east-2.awstrack.me/L0/https:%2F%2Fsen=
dy.thesgnl.co%2Fl%2F47QrwdESMr6NDlbHE4k9mA%2Fqdx2XTZlmLUgyx763N2ZGH2A%2F763=
dUGKwDO6OPwE5SbQ8p44A/1/010f0187148e6acc-0cf97278-f174-4cfd-bff7-9c50b4a3e4=
37-000000/XSk8sIN19LqtWDSic2cwo7UEveo=3D99" style=3D"-webkit-text-size-adju=
st:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly;text-decorat=
ion:underline;color:#B7985E;font-size:16px">normalize relations with its Ar=
ab neighbors</a>&nbsp;all around. Of course, the Iranians know there were a=
lready divisions between the Saudis and the Americans, but you can see in t=
he Iranian response a view that the deal could help them exploit these divi=
sions&mdash;in ways that will redound to Iran&rsquo;s benefit.<br />
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<br />
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09At the same time, the Iranians=
 have been long on the ropes economically and with their population domesti=
cally&mdash;and the potential for Saudi and Emirati investment is very allu=
ring. It also creates the opportunity to explore new deals with the Chinese=
, who&rsquo;ve been bailing the Iranians out with investment, supporting Ch=
ina&rsquo;s further prominence in the region&mdash;to the further disadvant=
age of the United States.</p>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09</table>
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=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"=
padding:0;Margin:0;font-size:0px"><a href=3D"https://c19gz9zr.r.us-east-2.a=
wstrack.me/L0/https:%2F%2Fsendy.thesgnl.co%2Fl%2F47QrwdESMr6NDlbHE4k9mA%2Fh=
cpz1OyAFgmm6C1aWseD6g%2F763dUGKwDO6OPwE5SbQ8p44A/2/010f0187148e6acc-0cf9727=
8-f174-4cfd-bff7-9c50b4a3e437-000000/1K_HwQtx6QGALVmBy-Q6sn4us7Y=3D99" styl=
e=3D"-webkit-text-size-adjust:none;-ms-text-size-adjust:none;mso-line-heigh=
t-rule:exactly;text-decoration:underline;color:#B7985E;font-size:16px" targ=
et=3D"_blank"><img alt=3D"" class=3D"adapt-img" src=3D"https://ajwcbt.strip=
ocdn.email/content/guids/CABINET_2fb1448b31ee95ea8c580243491e8e3048f3db3cc6=
de480607bb7338aa649c4f/images/body33_23_23.jpg" style=3D"display:block;bord=
er:0;outline:none;text-decoration:none;-ms-interpolation-mode:bicubic" widt=
h=3D"560" /></a></td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"=
padding:0;Margin:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#969892;font-size:16px">Ivy Gould / The Signal</p>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"pa=
dding:0;Margin:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px"><em>More from Steven Cook at The S=
ignal:</em><br />
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<br />
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09&ldquo;<strong>More than anyth=
ing, the Saudis really, really</strong>&nbsp;want to get themselves out of =
the civil war in Yemen, where they and the Iranians have been supporting op=
posing sides as proxies since 2014. If relations with the Iranians improve,=
 and there&rsquo;s dialogue, it raises the chances of being able to withdra=
w. The Saudis know now what a mistake it was to get involved in Yemen; they=
 know the Iranians and the Houthis&mdash;the ethnic group leading one side =
of the civil war, backed by the Iranians&mdash;have shared an interest in k=
eeping them pinned down there; and they know the United States hasn&rsquo;t=
 been able to extricate them. The Saudis don&rsquo;t know, yet, if the Iran=
ians are going to cooperate on account of the new deal. But they do know th=
e odds have now gone up.&rdquo;<br />
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<br />
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09&ldquo;<strong>The Chinese hav=
e their own incentives.</strong>&nbsp;What&rsquo;s really in it for them is=
 that they&rsquo;re very serious about their neutrality in the Middle East,=
 and they very much want the region to be stable, so they can pursue their =
mercantilist policies&mdash;meaning state support for Chinese firms, Chines=
e exports, and China&rsquo;s currency. They don&rsquo;t want two of their b=
iggest oil suppliers to be at odds, undermining the stability of the region=
, and potentially disrupting the flow of oil to China. If all of this comes=
 at the expense of the United States, that may be an added benefit for Beij=
ing. But they&rsquo;re much more interested in ensuring that the region rem=
ains stable and that they continue to get oil they want from it.&rdquo;<br =
/>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<br />
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09&ldquo;<strong>It seems to me,=
 the picture taking shape</strong>&nbsp;here&nbsp;isn&rsquo;t going to be s=
o much about the ups and downs of the United States and the Chinese. It&rsq=
uo;s going to be about how the partners of the U.S. and the Chinese in the =
region are becoming more adept at playing both sides. I&rsquo;ve heard repr=
esentatives of Middle Eastern countries say as much in the region, myself: =
<em>This isn&rsquo;t our grandfather&rsquo;s Middle East. We have agency. W=
e&rsquo;re going to order this region on our own. And we&rsquo;re going to =
pursue our interests as we see fit; we&rsquo;re not going to let outsiders =
do it for us.</em>&rdquo;</p>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</td>
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=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09</tbody>
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=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
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er-spacing:0px" width=3D"100%">
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;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
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=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
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=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"=
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=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"=
padding:20px;Margin:0;font-size:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<table border=3D"0" cellpaddin=
g=3D"0" cellspacing=3D"0" height=3D"100%" role=3D"presentation" style=3D"ms=
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cing:0px" width=3D"100%">
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=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td style=3D"padding:=
0;Margin:0;border-bottom:1px solid #969892;background:unset;height:1px;widt=
h:100%;margin:0px">&nbsp;</td>
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=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
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