Saudi Arabia’s Fight To Retain Regional Power

Gulf Oil Money: The Significant Fade-Away Gulf money is everywhere, but it won’t last, and nor will the reputations of the nations who hold it. The Saudi Crown Prince is fully aware of this trend and is scrambling furiously to fix it.  Gulf oil money still has plenty of allure, which means Washington is still (as always) looking for ways to appease both Saudi Arabia and its close ally Israel, a strategy which works in the case of Iran, but not in the case of the Palestinian Territories. Withdrawing from the Iranian nuclear deal was a…