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Biden Lifts Three-Year Ban on Offensive Weapons Sales to Saudi Arabia, Reuters Reports

Aug 9, 2024, 05:11 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. President Joe Biden's decision reverses a three-year-old policy aimed at pressuring Saudi Arabia to wind down its involvement in the Yemen conflict. The move is seen as an effort to strengthen ties with Saudi Arabia, a key regional partner, amid escalating tensions with Iran. The policy change was reported by Reuters and is expected to have significant implications for U.S.-Saudi relations and the defense industry.

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Will a significant defense contract be signed between a U.S. company and Saudi Arabia by June 30, 2025?

Biden•Saudi Arabia•Joe Biden•Yemen conflict•Iran•Reuters

Resolution / Starting Odds

Yes • 50%

No • 50%

Announcements from the companies involved or official government statements, corroborated by credible news sources.

Will Saudi Arabia use newly acquired U.S. offensive weapons in Yemen by March 31, 2025?

Biden•Saudi Arabia•Joe Biden•Yemen conflict•Iran•Reuters

Resolution / Starting Odds

Yes • 50%

No • 50%

Reports from credible news sources like Reuters, BBC, or official statements from the Saudi government or coalition forces.

Will U.S. Congress attempt to block the sale of offensive weapons to Saudi Arabia by end of 2024?

Biden•Saudi Arabia•Joe Biden•Yemen conflict•Iran•Reuters

Resolution / Starting Odds

No • 50%

Yes • 50%

Official statements or legislative actions reported by credible news sources like Reuters, CNN, or official government websites.

What will be the primary reaction from Iran to the lifting of the ban on offensive weapons sales to Saudi Arabia by end of 2024?

Biden•Saudi Arabia•Joe Biden•Yemen conflict•Iran•Reuters

Resolution / Starting Odds

Condemnation • 25%

Other • 25%

Diplomatic protest • 25%

Retaliation • 25%

Official statements from the Iranian government or credible news sources like Reuters, Al Jazeera, or BBC.

What will be the primary reason cited for Biden lifting the ban on offensive weapons sales to Saudi Arabia by end of 2024?

Biden•Saudi Arabia•Joe Biden•Yemen conflict•Iran•Reuters

Resolution / Starting Odds

Other • 25%

Strengthening ties with Saudi Arabia • 25%

Countering Iran • 25%

Economic benefits • 25%

Official statements from the Biden administration or credible news sources like Reuters, CNN, or New York Times.

Which U.S. company will be the first to announce a major weapons sale to Saudi Arabia following the policy change by end of 2024?

Biden•Saudi Arabia•Joe Biden•Yemen conflict•Iran•Reuters

Resolution / Starting Odds

Lockheed Martin • 25%

Raytheon Technologies • 25%

Boeing • 25%

Other • 25%

Announcements from the companies involved or credible news sources like Reuters, Bloomberg, or Wall Street Journal.