US-Saudi Alliance: New Benefits, Expectations

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Fridays

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Former President Trump designates Saudi Arabia as a major non-NATO ally, marking a significant shift in U.S.-Saudi relations. This new status brings substantial economic and military benefits, including eligibility for loans of equipment, cooperative research, and priority delivery of excess defense articles. Saudi Arabia is now expected to align more closely with U.S. and allied interests, including supporting relationship normalization deals between Arab states and Israel. The U.S. also anticipates full cooperation on oil prices, with Saudi Arabia assisting in keeping oil prices within a specific range for U.S. economic stability and political success.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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