Saudi Arabia, Bahrain, UAE and Egypt cut diplomatic ties with Qatar
- Four Arab nations have cut ties with Qatar
- The nations pointed to Doha’s terrorism ties and their own national security as part of their rationale
- The coordinated move escalates a dispute over Qatar’s support of the Muslim Brotherhood, and adds accusations that Doha backs the agenda of Iran
Riyadh ended all land sea and air contacts with Qatar, and the United Arab Emirates, Bahrain and Egypt also cut ties with Doha on Monday. The coordinated move dramatically escalates a simmering dispute over Qatar’s support of the Muslim Brotherhood, the world’s oldest Islamist movement, and adds accusations that Doha even backs the agenda of regional arch-rival Iran.
Crude and natural gas prices jumped after the news with global benchmark Brent up 1.42 percent to $50.66 a barrel and U.S. West Texas Intermediate up 1.45 percent to $48.35 a barrel. U.S. natural gas prices quoted at the U.S. Henry Hub jumped 1.37 percent to $3.040 per million British thermal units.
Qatar’s foreign ministry called the other nations’ decision “unjustified” and vowed that the move would not affect the “normal lives of citizens and residents,” according to a statement reported by Al Jazeera.
“It’s clearly an attempt to get the Qataris in line and not support Iran or the Muslim Brotherhood,” said Peter Sluglett, visiting research professor at the Middle East Institute at the National University of Singapore.