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Opponents warn that a U.S.-Saudi deal could be a step toward the kingdom building an atomic bomb. But there are other reasons for the world's largest oil exporter to diversify its energy mix.
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Trump would be nearly certain to veto any measure to curtail his ability to wage war with Iran.
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After staying flat as the U.S.-Iran war heated up again, equities tumbled on Thursday after oil prices crossed $100 per barrel.
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U.S. President Donald Trump said on Thursday he would hold ?Iran accountable for any attacks by Yemen's Houthi militants, who ?said this week they ?were imposing a naval blockade on Saudi Arabia.
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Oil prices rose Thursday to their highest level since early June after the latest Iran war escalation threatened severe new disruption to global supplies.
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The price of Brent crude rose more than 5% on Thursday as the war in the Middle East continues to escalate.
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Kyiv is escalating its air war by striking commercial warehouses, trying to bring the conflict closer to home for ordinary Russians.
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The president has attended two previous dignified transfers since the war began; this is the first since he declared the ceasefire over.
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The risk of continued fighting and a threatened blockade in the Red Sea added to uncertainty about the flow of energy from the region.
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Trump will attend the dignified transfer of U.S. service members killed in the Middle East. And, Pete Hegseth is requesting billions from Congress to help with the rising cost of the war in Iran.
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