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VisitUS Offers Defensive Assurances to Saudi Arabia Amid Iran Tensions, Airspace Concerns
Oct 25, 2024, 04:33 PM
The United States has offered defensive assurances to Saudi Arabia in the event of an attack by Iran or its proxies. This move comes as tensions rise in the Persian Gulf, with Gulf states increasingly wary of being drawn into the ongoing conflict between Tehran and Israel. Saudi Arabia had previously indicated that it would require security assurances from the US in exchange for normalized relations with Israel. The US has signaled its readiness to assist Saudi Arabia in defending its airspace and oil facilities, highlighting the strategic importance of the kingdom in the region. There are also indications that Saudi Arabia may provide its airspace to Israel for potential strikes on Iran, with Israel expected to retaliate against Iran for a missile attack.
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Markets
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