Saudi Arabia is caught in a dangerous crossfire as it shifts from neutrality to retaliation, teaming up with the U.S. to strike Iranian-backed militias in Iraq after drones hit its oil facilities again. With Vision 2030’s economic ambitions hanging in the balance, the kingdom faces escalating threats from both Yemen’s Houthis and Iraq’s militias — a conflict that could destabilize the region and disrupt global oil flows. As Iran’s attacks spread to key allies and shipping lanes, Saudi Arabia must choose: escalate to deter further strikes or risk economic collapse by seeking de-escalation — even through payment.
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