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    Saudi Arabia is a key U.S. ally in the Middle East. Saudi Arabia's security forces have relied on U.S. equipment, training, and service support for decades, officially as a counterbalance to Iranian military influence in the region, and to help protect the Kingdom from extremist attacks. Between ...


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    3 · Saudi Arabia's main state wheat buying agency has told grains exporters it will no longer buy Canadian wheat and barley. "As of Tuesday, Aug. 7, 2018, Saudi Grains Organization (SAGO) can no longer accept milling wheat or feed barley cargoes of Canadian origin to be supplied," the notice to grain traders said.


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  • Saudi Arabia may go broke before the US oil industry buckles


    I f the oil futures market is correct, Saudi Arabia will start running into trouble within two years. It will be in existential crisis by the end of the decade. The contract price of US crude oil for delivery in December 2020 is currently $62.05, implying a drastic change in the economic landscape for the Middle East and the petro-rentier states.


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  • $110 Billion Weapons Sale to Saudis Has Jared …


    May 18, 2017· Mr. Kushner was referring to a $100 billion-plus arms deal that the administration hoped to seal with Saudi Arabia in time to announce it during Mr. Trump's visit to the kingdom this weekend. The two sides discussed a shopping list that included planes, ships and precision-guided bombs.


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    When one looks beyond the pageantry, pomp and circumstance of Trump's visit to Saudi Arabia, the main purpose behind the president's visit is precisely that: selling weapons, some $350 billion over the next decade, according to estimates.


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