Saudi Arabia and Iran's ongoing battle for power and influence rages on in the Middle East but analysts aren't convinced that an all-out war will happen, yet.
Many neighboring countries have been drawn into the conflict with Qatar, Yemen, Syria and Lebanon becoming proxy battlegrounds in the fight for regional dominance.
Relations between Sunni-majority Saudi Arabia and Shia-dominated Iran have deteriorated to a new low recently, particularly over the ongoing civil war in Yemen and the political crisis engulfing Lebanon which has seen its Prime Minister Saad al-Hariri resign over what he called Iranian meddling. This has led to speculation that all-out war could be declared by one or another of the Middle Eastern superpowers.
A source in the Iranian government, who asked to remain anonymous due to the sensitivity of the situation, told CNBC last week that Iran was a "peaceful nation" but that it was prepared for conflict if that was the only option left to it.
"We love peace, we're not looking for war but sometimes you should be prepared for war," the source said.