Saudis’ Biden Snub Suggest It Is Banking On Trump’s Return
Saudi Arabia may be banking on Donald Trump’s return to the presidency.
The oil-rich nation has refused to help punish Russia for invading Ukraine.
It has also placed $2 billion in an untested investment fund run by Trump’s son-in-law and former senior advisor Jared Kushner.
The Biden administration has been looking for ways to reassure the Saudi government of its dedication to the kingdom’s security.
It has been trying to persuade Riyadh to increase oil production to lower gas prices by as much as 30%.
On Thursday, the White House said it was an “iron-clad commitment from the president on down.”
The Pentagon is working on a draft statement on U.S.-Saudi security arrangements.
Observers say it is likely to fall short of the firm guarantees the Saudis and other Gulf states are demanding.
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