Economics

Obama Gains Leeway With Saudis as Oil Dependence Declines

  • U.S. production, falling oil prices are hitting Saudi economy
  • King Salman's White House visit may air differences over Syria

US President Barack Obama arrives at the White House in Washington, DC, on September 3, 2015 upon his return from a three-day trip to Alaska.

NICHOLAS KAMM/AFP/Getty Images
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The U.S.-Saudi relationship isn’t what it used to be.

One of the main reasons is oil. The U.S. needs a lot less of it from Saudi Arabia than it once did.