U.S. President Donald Trump signed a National Security Presidential Memorandum (NSPM) on 4/2/2025 to reinstate a "maximum pressure" campaign against Iran, aiming to reduce Tehran’s oil exports and curb its nuclear weapons ambitions.
As U.S. sanctions on Iran tighten, Riyadh finds itself navigating a complex energy landscape.
While Saudi Arabia welcomes efforts to counter Tehran’s influence, the broader impact on oil markets and the Kingdom’s strategic interests remain uncertain.
This note explores Saudi Crown Prince Mohammad Bin Salman (MBS) stance on the U.S. policy against Iran, including:
- His plans for market stability
- His views on OPEC+ reaction to U.S. sanctions
- His approach to China’s oil trade with Iran