Further Regional News:
Trump's "Project Freedom" collapsed after Saudi Arabia and Kuwait suspended US military access to their bases, airspace and overflight rights, as has been reported by NBC News & other sources.
Saudi Crown Prince Mohammed bin Salman blocked the US from flying aircraft out of Prince Sultan Airbase, such completely grounding the operation and removing the air defense umbrella protecting ships in transit.
Bin Salman reportedly was "furious" after Trump announced Project Freedom on Truth Social without notifying him. Same goes with Qatar and Oman.
Economic Background:
根据彭博社报道，沙特公共投资基金已开始在上海运营一个新办公室，这是其深化与中国投资关系举措的一部分。
更广阔的图景：中国是沙特石油的最进口国。 两国关系正逐步从“仅能源”转向： 投资 、 工业 、 技术 、 融资等。
According to Bloomberg, Saudi Arabia's Public Investment Fund has begun operating a new office in Shanghai as part of its initiative to deepen investment ties with China.
The Broader Picture: China is the largest importer of Saudi oil. The relationship between the two nations is gradually shifting beyond a "purely energy" focus to encompass investment, industry, technology, finance, and other sectors.
[باب المعرفة - أدرك, an Arabic news provider, published this message
on May 6; the Chinese shortcut was provided by 'Ulysses' on May 8.]
According to Washington Post on May 7, the US Court of International Trade in NY dealt a blow to the 10 percent global import tax imposed by US president Trump after losing on tariffs at the Supreme Court.
