The Evolution of Saudi Aramco and U.S. Relations

This chapter examines the dynamic partnership between Saudi Arabia and the American oil industry, charting its transformation from initial tensions to a robust collaboration. It highlights key milestones, including the pivotal profit-sharing agreement and the rise of Saudi Arabia's oil wealth, which led to critical domestic investments. Additionally, the chapter discusses ongoing economic reforms under Vision 2030 aimed at reducing oil dependency and navigating the future landscape of global energy consumption.