Saudi Arabia considers oil measure to secure defense deal – WSJ ...News

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Saudi Arabia considers oil measure to secure defense deal – WSJ
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Washington has been pressuring Riyadh to scrap its voluntary crude output cuts to lower prices for months Major oil producer Saudi Arabia is willing to increase production early next year in exchange for a defense pact with the US, the Wall Street Journal reported on Friday, citing Saudi and US sources. The two countries have been in talks over a three-way deal between Saudi Arabia, the US, and its Middle Eastern ally Israel. Under the deal, Riyadh would recognize the Jewish state in exchange for a formal security pact between Riyadh and Washington. This would see the US provide help in establishing a civilian nuc

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