Saudi Arabia welcomes new U.S. strategy toward Iran

DUBAI (Reuters) - Saudi Arabia welcomed the new U.S. policy toward Iran and said lifting sanctions had allowed Iran to develop its ballistic missile program and step up its support for militant groups, state news agency SPA reported on Friday.

The kingdom said Iran took advantage of additional financial revenues to support for the Lebanese Shi'ite movement Hezbollah and the Houthi group in Yemen.

(Reporting By Aziz El Yaakoubi)

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