• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Saudi Arabia pushes for US defense pact as 2024 presidential election looms
Economy

Saudi Arabia pushes for US defense pact as 2024 presidential election looms

by February 5, 2024
by February 5, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Saudi Arabia may be willing to accept a non-binding commitment from Israel to create a Palestinian state in its push to get a defense pact with the United States ahead of the 2024 presidential election. 

Saudi Arabia had been heading toward normalizing relations with Israel and recognizing the country for the first time thanks to U.S.-led diplomacy. But those efforts were shelved in October after Hamas’ Oct. 7 attacks on Israel, and Israel’s subsequent counter-offensive that enraged the Arab world.  

Still, Saudi Arabia is increasingly keen to shore up its security and ward off threats from rival Iran, so the kingdom can forge ahead with its ambitious plan to transform its economy and attract huge foreign investment, two regional sources said.

Riyadh’s diplomatic push comes amid growing concerns over the military reach of Iran, which has proxies in Iraq, Yemen, Lebanon, Syria, and Gaza. 

To create some wiggle room in talks about recognizing Israel and to get the U.S. pact back on track, Saudi officials have told their U.S. counterparts that Riyadh would not insist Israel take concrete steps to create a Palestinian state and would instead accept a political commitment to a two-state solution, two senior regional sources told Reuters.

Such a major regional deal, widely seen as a long shot even before the Israel-Hamas war, would still face numerous political and diplomatic obstacles, not least the uncertainty over how the Gaza conflict will unfold.

Another big hurdle to these plans is Israeli Prime Minister Benjamin Netanyahu who has outright rejected any U.S. and Arab aspirations for a Palestinian state once the Gaza war is over.

A potential pact giving the world’s biggest oil exporter U.S. military protection in exchange for normalization with Israel would reshape the Middle East by uniting two long-time foes and binding Riyadh to Washington at a time when China is making inroads in the region.

A normalization deal would also bolster Israel’s defenses against arch-rival Iran and give U.S. President Joe Biden a diplomatic victory to vaunt ahead of the Nov. 5 presidential election.

The Saudi officials have privately urged Washington to press Israel to end the Gaza war and commit to a ‘political horizon’ for a Palestinian state, saying Riyadh would then normalize relations and help fund Gaza’s reconstruction, one of the regional sources said.

Reuters contributed to this report.  

This post appeared first on FOX NEWS
You Might Also Like
  • Biden’s Ukraine funding request triggers House showdown: ‘Shoveling money out the door’
  • Schumer says judge’s mifepristone abortion pill ruling ‘could throw our country into chaos’
  • Whatever happened to the global chip shortage?
  • Trump supporters flock to massive New Jersey campaign rally to hear former president speak amid ongoing trials
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Iran issues warning to US about possible attacks on 2 cargo ships suspected of spy activities
next post
US troops abroad ‘at risk’ due to Biden’s policies, lawmaker warns after 3 service members killed in Jordan

You may also like

Trump: Biden ‘doesn’t understand what he’s doing’ during ‘most dangerous...

July 24, 2023

Alina Habba accuses Kamala Harris of ‘committing a crime,’ covering...

August 1, 2024

Trump denies report claiming Nikki Haley is ‘under consideration’ for...

May 12, 2024

Biden golfs with brother who profited from family’s shady China...

June 6, 2023

Kansas Gov. Kelly vetoes second bill to regulate abortion

April 20, 2023

Top Democrat on House Intel Committee calls on Biden to...

July 12, 2024

Harris was ‘open’ to packing Supreme Court during 2019 presidential...

August 29, 2024

DeSantis camp releases supercut of liberal talking point that GOP...

July 24, 2023

House Weaponization Committee: Biden admin ‘colluded’ with Big Tech, ‘facilitated...

June 27, 2023

2024 Watch: Tim Scott laying out $8 million to run...

August 17, 2023

Trump: Biden ‘doesn’t understand what he’s doing’ during ‘most dangerous...

July 24, 2023

Alina Habba accuses Kamala Harris of ‘committing a crime,’ covering...

August 1, 2024

Trump denies report claiming Nikki Haley is ‘under consideration’ for...

May 12, 2024

Biden golfs with brother who profited from family’s shady China...

June 6, 2023

Kansas Gov. Kelly vetoes second bill to regulate abortion

April 20, 2023

Top Democrat on House Intel Committee calls on Biden to...

July 12, 2024

Harris was ‘open’ to packing Supreme Court during 2019 presidential...

August 29, 2024

DeSantis camp releases supercut of liberal talking point that GOP...

July 24, 2023

House Weaponization Committee: Biden admin ‘colluded’ with Big Tech, ‘facilitated...

June 27, 2023

2024 Watch: Tim Scott laying out $8 million to run...

August 17, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • A Few Charts Worth Watching This Week

      June 9, 2025
    • The Best Five Sectors, #22

      June 9, 2025
    • Tesla stock sinks as Musk and Trump ridicule each other

      June 8, 2025
    • Trump implies government could cut contracts and subsidies to Musk’s companies

      June 7, 2025
    • Tech ETFs are Leading Since April, but Another Group is Leading YTD

      June 7, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,818 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,523 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,506 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,484 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,362 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,123)
    • Investing (538)
    • Stock (2,601)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • A Few Charts Worth Watching This Week

      June 9, 2025
    • The Best Five Sectors, #22

      June 9, 2025
    • Tesla stock sinks as Musk and Trump ridicule each other

      June 8, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,123)
    • Investing (538)
    • Stock (2,601)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Biden keeping Space Command in Colorado,...

    August 1, 2023

    Graham urges Biden, Israel to take...

    September 1, 2024

    Chris Sununu says he will decide...

    May 29, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here