Why Saudi Just Abandoned Its Core Oil Rule
Saudi Arabia is rethinking its energy security strategy, expanding overseas oil storage and alternative export routes to reduce exposure to Iranian and Houthi attacks. Repeated strikes on Gulf energy infrastructure have shaken confidence in U.S. protection, despite billions spent on American defense systems. China could gain influence as Saudi Arabia diversifies its security partnerships, potentially weakening Washington's regional position and complicating the Abraham Accords.
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