As Iran continues to threaten the blockade of the strait of hormuz, speaking in London the Saudi Arabia's ambassador to Britain Prince Mohammad Bin Nawaf said the region was witnessing "a very difficult and a very tense situation".
"We are seeing every day an escalation in the rhetoric and this definitely does not help in stabilising the area," he told a briefing.
"I think the next couple of weeks will be very critical for the whole region. Hopefully, Iran will adhere to the proposals presented to them."
He said Iran's threats to block the strait of Hormuz would have grave consequences on the Islamic Republic and the region.
"It will be very difficult to maintain such a blockade against the export of oil but the ramifications of such a decision would be very grave and definitely would escalate the whole situation and God knows where it would lead.
"Definitely the Iranians will pay a very heavy price if they gamble and take such a decision," the Saudi envoy said.
"We are seeing every day an escalation in the rhetoric and this definitely does not help in stabilising the area," he told a briefing.
"I think the next couple of weeks will be very critical for the whole region. Hopefully, Iran will adhere to the proposals presented to them."
He said Iran's threats to block the strait of Hormuz would have grave consequences on the Islamic Republic and the region.
"It will be very difficult to maintain such a blockade against the export of oil but the ramifications of such a decision would be very grave and definitely would escalate the whole situation and God knows where it would lead.
"Definitely the Iranians will pay a very heavy price if they gamble and take such a decision," the Saudi envoy said.
