Yesterday the Telegraph's Evans-Pritchard dug up a note that we had posted almost a month ago, relating to the "secret" meeting between Saudi Arabia and Russia, in which Saudi's influential intelligence chief Prince Bandar bin Sultan met with Putin and regaled him with gifts, including a multi-billion arms deal and a promise that Saudi is "ready to help Moscow play a bigger role in the Middle East at a time when the United States is disengaging from the region", if only Putin would agree to give up his alliance with Syria's al-Assad and let Syria take over, ostensibly including control of the country's all important natgas transit infrastructure. What was not emphasized by the Telegraph is that Putin laughed at the proposal and brushed aside the Saudi desperation by simply saying "nyet." However, what neither the Telegraph, nor we three weeks ago, picked up on, is what happened after Putin put Syria in its place. We now know, and it's a doozy.

Courtesy of As-Safir (translated here), we learn all the gritty details about what really happened at the meeting, instead of just the Syrian motives and the Russian conclusion, and most importantly what happened just as the meeting ended, unsuccessfully (at least to the Saudi). And by that we mean Saudi Arabia's threats toward Russia and Syria.

First, some less well-known observations on who it was that was supporting the Muslim Brotherhood in Egypt even as US support was fading fast:

Bandar said that the matter is not limited to the kingdom and that some countries have overstepped the roles drawn for them, such as Qatar and Turkey. He added, “We said so directly to the Qataris and to the Turks. We rejected their unlimited support to the Muslim Brotherhood in Egypt and elsewhere. The Turks’ role today has become similar to Pakistan’s role in the Afghan war. We do not favor extremist religious regimes, and we wish to establish moderate regimes in the region. It is worthwhile to pay attention to and to follow up on Egypt’s experience. We will continue to support the [Egyptian] army, and we will support Defense Minister Gen. Abdel Fattah al-Sisi because he is keen on having good relations with us and with you. And we suggest to you to be in contact with him, to support him and to give all the conditions for the success of this experiment. We are ready to hold arms deals with you in exchange for supporting these regimes, especially Egypt.”

So while Saudi was openly supporting the Egyptian coup, which is well-known, it was Turkey and most importantly Qatar, the nation that is funding and arming the Syrian rebels, that were the supporters of the now failed regime. One wonders just how much Egypt will straing Saudi-Qatari relations, in light of their joined interests in Syria.

Second, some better-known observations by Putin on Russia's relationship with Iran:

Regarding Iran, Putin said to Bandar that Iran is a neighbor, that Russia and Iran are bound by relations that go back centuries, and that there are common and tangled interests between them. Putin said, “We support the Iranian quest to obtain nuclear fuel for peaceful purposes. And we helped them develop their facilities in this direction. Of course, we will resume negotiations with them as part of the 5P+1 group. I will meet with President Hassan Rouhani on the sidelines of the Central Asia summit and we will discuss a lot of bilateral, regional and international issues. We will inform him that Russia is completely opposed to the UN Security Council imposing new sanctions on Iran. We believe that the sanctions imposed against Iran and Iranians are unfair and that we will not repeat the experience again.”

Then, Putin's position vis-a-vis Turkey, whom he implicitly warns that it is "not immune to Syria's bloodbath."

Regarding the Turkish issue, Putin spoke of his friendship with Turkish Prime Minister Recep Tayyip Erdogan; “Turkey is also a neighboring country with which we have common interests. We are keen to develop our relations in various fields. During the Russian-Turkish meeting, we scrutinized the issues on which we agree and disagree. We found out that we have more converging than diverging views. I have already informed the Turks, and I will reiterate my stance before my friend Erdogan, that what is happening in Syria necessitates a different approach on their part. Turkey will not be immune to Syria’s bloodbath. The Turks ought to be more eager to find a political settlement to the Syrian crisis. We are certain that the political settlement in Syria is inevitable, and therefore they ought to reduce the extent of damage. Our disagreement with them on the Syrian issue does not undermine other understandings between us at the level of economic and investment cooperation. We have recently informed them that we are ready to cooperate with them to build two nuclear reactors. This issue will be on the agenda of the Turkish prime minister during his visit to Moscow in September.”

Of course, there is Syria:

Regarding the Syrian issue, the Russian president responded to Bandar, saying, “Our stance on Assad will never change. We believe that the Syrian regime is the best speaker on behalf of the Syrian people, and not those liver eaters. During the Geneva I Conference, we agreed with the Americans on a package of understandings, and they agreed that the Syrian regime will be part of any settlement. Later on, they decided to renege on Geneva I. In all meetings of Russian and American experts, we reiterated our position. In his upcoming meeting with his American counterpart John Kerry, Russian Foreign Minister Sergey Lavrov will stress the importance of making every possible effort to rapidly reach a political settlement to the Syrian crisis so as to prevent further bloodshed.”

Alas, that has failed.

So what are some of the stunning disclosures by the Saudis? First this:

Bandar told Putin, “There are many common values ??and goals that bring us together, most notably the fight against terrorism and extremism all over the world. Russia, the US, the EU and the Saudis agree on promoting and consolidating international peace and security. The terrorist threat is growing in light of the phenomena spawned by the Arab Spring. We have lost some regimes. And what we got in return were terrorist experiences, as evidenced by the experience of the Muslim Brotherhood in Egypt and the extremist groups in Libya. ... As an example, I can give you a guarantee to protect the Winter Olympics in the city of Sochi on the Black Sea next year. The Chechen groups that threaten the security of the games are controlled by us, and they will not move in the Syrian territory’s direction without coordinating with us. These groups do not scare us. We use them in the face of the Syrian regime but they will have no role or influence in Syria’s political future.”

It is good of the Saudis to admit they control a terrorist organization that "threatens the security" of the Sochi 2014 Olympic games, and that house of Saud uses "in the face of the Syrian regime." Perhaps the next time there is a bombing in Boston by some Chechen-related terrorists, someone can inquire Saudi Arabia what, if anything, they knew about that.

But the piece de resistance is what happened at the end of the dialogue between the two leaders. It was, in not so many words, a threat by Saudi Arabia aimed squarely at Russia:

As soon as Putin finished his speech, Prince Bandar warned that in light of the course of the talks, things were likely to intensify, especially in the Syrian arena, although he appreciated the Russians’ understanding of Saudi Arabia’s position on Egypt and their readiness to support the Egyptian army despite their fears for Egypt's future. The head of the Saudi intelligence services said that the dispute over the approach to the Syrian issue leads to the conclusion that “there is no escape from the military option, because it is the only currently available choice given that the political settlement ended in stalemate. We believe that the Geneva II Conference will be very difficult in light of this raging situation.” At the end of the meeting, the Russian and Saudi sides agreed to continue talks, provided that the current meeting remained under wraps. This was before one of the two sides leaked it via the Russian press.

Since we know all about this, it means no more talks, an implicit warning that the Chechens operating in proximity to Sochi may just become a loose cannon (with Saudi's blessing of course), and that about a month ago "there is no escape from the military option, because it is the only currently available choice given that the political settlement ended in stalemate." Four weeks later, we are on the edge of all out war, which may involve not only the US and Europe, but most certainly Saudi Arabia and Russia which automatically means China as well. Or, as some may call it, the world.

And all of it as preordained by a Saudi prince, and all in the name of perpetuating the hegemony of the petrodollar.

P.S. Russia and Saudi Arabia account for 25% of global oil production.