[A] weak yen and rising interest rates have continued even further, with the primary cause being the increase in crude oil prices due to U.S. attacks on Iran.
If the [U.S.-Saudi] nuclear deal hits a deadlock, Riyadh may pivot to alternative suppliers — a shift that would significantly erode American strategic leverage in the Middle East.
President Trump’s messy handling of the Iran conflict has helped birth an axis that brings nuclear capability, serious money, and growing international clout together.