These questions have been prompted by the Power of God (Holy Spirit) to help us PEOPLE get understanding in all getting! [ME] You understand economics as the impact on economies. Now that the United States is no longer linked to Saudi Arabia, what are some of the immediate results that will be seen by citizens of the United States? [CHAT] The disengagement between the United States and Saudi Arabia could have several immediate economic impacts on U.S. citizens: Oil Prices : The U.S. has historically relied on Saudi oil, and any changes in this relationship could affect oil prices and, consequently, gas prices at the pump. Defense and Security : The U.S. has been a major defense supplier to Saudi Arabia. Changes in this relationship might impact the defense industry and related jobs in the U.S. Trade Balance : The U.S. had a goods-and-services trade surplus with Saudi Arabia. A shift in trade dynamics could affect this balance . Currency Impact : Saudi Arabia’s decisi...
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