Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Macro

Saudi Arabia Blocked Project Freedom, Driving the Biggest US-Saudi Military Rift in Years

by Team Lumida
July 1, 2026
in Macro
Reading Time: 4 mins read
A A
0
a view of a city from the top of a building

Photo by ekrem osmanoglu on Unsplash

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp
  • Saudi Arabia blocked U.S. military access to its bases and airspace for Project Freedom — Trump’s operation to guarantee safe passage through the Strait of Hormuz — forcing the U.S. to abort the mission hours after launch, as over 100 U.S. aircraft were already airborne; the crown prince told Trump the effort would antagonize Iran and should be reconsidered.
  • Incensed, the White House threatened to withhold delivery of Patriot interceptors Saudi Arabia needs to shoot down Iranian missiles and drones, forcing the kingdom to back down — but U.S. officials said the damage wouldn’t easily be undone; Secretary of State Rubio subsequently visited the UAE, Kuwait, and Bahrain but skipped Riyadh, which Saudi officials interpreted as a calculated snub.
  • Saudi Arabia had been pressing the U.S. behind the scenes throughout the Iran war to find a diplomatic solution, warning that any attempt to topple the Iranian regime would close Hormuz and damage regional stability — and while the kingdom eventually joined U.S. and UAE strikes on Iran, it simultaneously pursued back-channel de-escalation via Pakistan and reached out directly to Tehran.
  • The U.S. is now considering reducing its military presence in Saudi Arabia and shifting its forces toward countries more supportive during the war — including Israel and Jordan — marking a potential structural realignment of the Gulf security architecture that has underpinned U.S. strategy in the region since 1945.

What Happened?

When President Trump launched Project Freedom in early May — a military operation to shield oil tankers moving through the Strait of Hormuz — more than 100 U.S. aircraft were already in the air when Saudi Arabia said no. The kingdom blocked U.S. access to its bases and airspace that were critical to the mission, forcing an abort. After consulting his advisers, Saudi Crown Prince Mohammed bin Salman told Trump the operation would antagonize Iran and should be reconsidered. Iran responded by launching missiles and drones at commercial ships, the U.S. Navy, and a UAE oil hub — the most serious escalation since Trump declared a ceasefire in April. The White House threatened to withhold Patriot interceptors Saudi Arabia needed to defend against Iranian attacks, and Riyadh eventually backed down. But the kingdom never fully reversed course: it reached out to Iran, brought in Pakistani mediators, and MBS skipped the G7 summit in France while leaders from the UAE, Qatar, and Egypt attended. Rubio’s tour of the Gulf last week omitted Riyadh entirely.

Why It Matters?

The U.S.-Saudi relationship is one of the foundational pillars of Middle East security architecture, dating back to 1945 and underpinning everything from dollar-denominated oil to regional military balance. The Project Freedom confrontation revealed that the crown prince’s bet on Trump — which paid off handsomely during Trump’s first term — has not translated into actual policy influence in this administration’s war decisions. Saudi Arabia was excluded from the decision to start the war against Iran, suffered Iranian attacks on its own energy infrastructure including Ras Tanura, and then found itself squeezed between Washington’s pressure and Tehran’s retaliation. Meanwhile, the UAE took a more aggressive military posture, pulled out of OPEC, and deepened security ties with the U.S. and Israel — driving a widening rift between the two Gulf powers that could reshape regional alignments for years.

What’s Next?

The U.S. is in early-stage planning to reduce its military footprint at Saudi Arabia’s Prince Sultan Air Base and redirect forces toward Israel and Jordan — a move that would mark the most significant shift in U.S.-Gulf basing since Trump pulled Patriot batteries from Saudi Arabia in 2020. Saudi Arabia, for its part, appears to be hedging: it reached a de-escalation understanding with Iran via Pakistani coordination that has kept its energy infrastructure relatively safe, giving it more room to distance itself from U.S. general policy. How durable that understanding proves — and whether the Doha peace talks produce a framework that relieves Saudi Arabia of the need to choose between Washington and Tehran — will determine whether this rift narrows or widens.

Source: The Wall Street Journal

Previous Post

Trump Made More Than $1 Billion on Crypto in 2025, Financial Disclosure Reveals

Next Post

White House Cuts Deal With Anthropic to Restore Fable AI Access After Unprecedented 2.5-Week Shutdown

Recommended For You

87% of US Bankers Now Expect Funding Costs to Rise Over the Next Year, a ‘Massive Swing’ From Last Fall, When 80% Expected Them to Fall, IntraFi Survey Shows

by Team Lumida
4 hours ago

An IntraFi survey found 87% of bankers expect funding costs to rise in the next 12 months, versus 80% who expected declines a year ago, as rates stay...

Read more

US Factory Activity Accelerates as the ISM Index Rises to 55.5, With Production at Its Best Since Late 2021 and Factory Hiring Up for a Fourth Month

by Team Lumida
4 hours ago

The ISM manufacturing index rose one point to 55.5 in October, with production at its best since late 2021, though prices stayed elevated at 75.2.

Read more

Average Gas Prices Under Trump Hit a Record High for Any Administration on the Eve of the Midterms, Topping $3.46 a Gallon

by Team Lumida
12 hours ago

An FT analysis shows average gas prices in Trump’s second term top $3.46 a gallon, a record, while diesel is up over 70% and PCE inflation runs at...

Read more

Goldman Sachs Raises Its Year-End Brent Forecast to $105 From $90, Citing ‘Substantial’ Supply Risks After the Midterms

by Team Lumida
12 hours ago
Goldman Sachs Urges Investors to Cut Risk: Is a Selloff Looming?

Goldman now sees Brent at $105 in December, up from $90, and averaging $88 in 2027, with an upside case of $130 if Gulf output stays depressed.

Read more

Oil Drops More Than 3% as Rubio Says Trump Would Prefer to End the Iran War ‘Diplomatically,’ Pulling WTI Toward $100

by Team Lumida
12 hours ago
Diesel Export Ban Would Hit Brazil, Chile and the UK Hardest While Gulf Coast Geography Blocks Relief for US Coasts

Brent fell 3.31% to $109.67 and WTI 3.34% to $100.64 after Rubio said Trump prefers diplomacy with Iran, though post-midterm strike fears linger.

Read more

US Labor Costs Trail Inflation for a Second Straight Quarter, as Wage Growth Slows to 3.1%, the Lowest Since 2021, and Health Benefit Costs Jump 6.4%

by Team Lumida
3 days ago

The employment cost index rose 3.4% in the year through September but fell 0.4% after inflation, with real wages down 0.6%.

Read more

US Treasury Borrows a Record $839 Billion in One Week of Auctions, but Only $106 Billion Is New Money as Rolling Over Maturing Bills Dominates

by Team Lumida
3 days ago
Treasury Sells $22 Billion of 30-Year Debt and Buys Back Up to $6 Billion of the Same Sector the Same Day

The US sold a record $839 billion of bills and notes this week, topping $834 billion a year ago, as rolling over maturing debt drives auction sizes.

Read more

Fed’s Barkin Backs ‘Gradual’ Rate Hikes, Saying the Direction Is Clear but the Pace Is the Question, and Warns an AI Investment Surge May Need Leaning Against

by Team Lumida
3 days ago

Richmond Fed President Tom Barkin said gradual hikes make sense with inflation high, unemployment low and AI-driven demand still strong.

Read more

Wall Street Braces for Democratic Gains: 96% of Investors in a Wolfe Survey Expect a Democratic House, and Piper Sandler Says Democrats’ Plans Would Add $5 Trillion to the Deficit

by Team Lumida
3 days ago

Analysts expect Democrats to win the House on Tuesday and see the Senate as close, setting up gridlock and a debt-ceiling fight in 2027.

Read more

Series I Bonds Will Pay 5.51% Through April, Up From 4.26%, as the Fixed Rate Jumps to 1.40%, Its Highest Since 2006, With Inflation at 3.7%

by Team Lumida
3 days ago

New I bonds will pay 5.51% from Nov. 1 through April 30, including a 1.40% fixed rate, the highest since 2006, as inflation runs at 3.7%.

Read more
Next Post
White House, Washington DC

White House Cuts Deal With Anthropic to Restore Fable AI Access After Unprecedented 2.5-Week Shutdown

Nvidia’s Stock: Is It Too Good to Be True Now?

Nvidia Launches Revenue-Sharing Model to Give AI Startups GPU Access Without Upfront Capital

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Point72 and ExodusPoint Acquire Stakes in Trump-Linked Crypto Firm Alt5 Sigma

Point72 and ExodusPoint Acquire Stakes in Trump-Linked Crypto Firm Alt5 Sigma

August 20, 2025
Accenture’s AI Paradox: $130 Billion Valuation Hinges on Survival Question as Organic Growth Faces Deflationary Pressure; Investor Day Must Prove Consulting Model Survives

Accenture’s AI Paradox: $130 Billion Valuation Hinges on Survival Question as Organic Growth Faces Deflationary Pressure; Investor Day Must Prove Consulting Model Survives

October 13, 2026
Trump Announces 25% Tariffs on Mexico and Canada, Targeting Border Security and Trade

Trump Leaves G-7 Summit Early Amid Escalating Middle East Tensions, Trade Talks Unresolved

June 17, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Legacy
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Opinions
    • Investing Philosophy
    • Op-Ed
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Investing Philosophy
  • Latest
  • Legacy
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Op-Ed
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips Amazon Apple Artificial Intelligence Banking Bank of America China Commercial Real Estate CPI data centers Donald Trump EARNINGS ELON MUSK Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Novo Nordisk Nuclear Energy Nvidia oil OpenAI private equity S&P 500 SEC Semiconductor stock market stock surge Tech Stocks tesla Trump Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018