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VisitBiden Administration to Lift Ban on Offensive Weapons Sales to Saudi Arabia
Aug 9, 2024, 04:52 PM
The Biden administration has decided to lift a ban on U.S. sales of offensive weapons to Saudi Arabia, according to three sources familiar with the matter. This move reverses a three-year-old policy that was initially implemented to pressure Saudi Arabia to end its involvement in the Yemen conflict. The decision has been reported by Reuters and is seen as a significant shift in U.S. foreign policy towards Saudi Arabia.
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Markets
Yes • 50%
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Official announcements from the U.S. government or Saudi Arabian government, reputable news sources
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Reports from reputable news sources, official statements from involved parties
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Relations worsen • 25%
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Northrop Grumman • 25%
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