For many years, this relationship was very productive for both sides. Relations took a real downturn after the September 11th attacks when it was revealed that some of the attackers were Saudis. But Jamal Khashoggi's killing really provoked a new round of soul searching by Washington. It creates a great deal of animosity and uncertainty about the constancy of that security partnership.
For decades, the United States and Saudi Arabia maintained an important strategic alliance, which gave the US access to Saudi oil in exchange for guaranteeing the kingdom’s security. But growing tensions between the two nations now threaten to rupture this relationship.
Bloomberg’s Ziad Daoud, Tom Orlik, and Nick Wadhams join this episode to explain what’s behind the US-Saudi rift, and why it could have far-reaching consequences for the US economy and potentially the 2024 presidential election.
Read the story: US-Saudi Oil Pact Breaking Down as Russia Grabs Upper Hand
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