Saudi Arabia's Crown Prince Mohammed bin Salman is close to joining US strikes on Iran, The Wall Street Journal reports, citing sources.
The kingdom's entry into the war is only a matter of time, one of the sources told the publication.
Before the war, Saudi Arabia refused to allow the use of its facilities or airspace for bombing against Iran.
Sources told the publication that Saudi Arabia recently allowed US troops to use the “King Fahd“ air base in the western part of the Arabian Peninsula.
Trump said yesterday that the US and Iran had had “very good and productive“ talks over the past two days. He said he had instructed the Pentagon to halt strikes on Iranian power plants and energy infrastructure for five days. A deal with Tehran could be reached within that time frame “or even sooner”, the American leader said.
Tehran and Washington are not negotiating at all, Iranian President Masoud Pezeshkian said. According to him, in recent days Iran has only been negotiating with Middle Eastern countries, in particular Oman, to ensure coordination and the passage of ships through the Strait of Hormuz.
Brent oil prices have been above $113 a barrel for the past two days. After Trump announced his decision to postpone the strikes, they fell sharply to $97, but have since recovered to just above $100, according to stock market data. As of the morning of March 24, the price of this type of fuel is $104.
According to the updated forecast of Goldman Sachs Group, Brent oil will trade at an average of $85 per barrel in 2026, compared to the bank's previous forecast of $77.