Saudi Aramco signs preliminary agreements worth up to $90 billion with US companies

Saudi Aramco has inked 34 preliminary agreements with major U.S. companies, potentially valued at $90 billion, signaling stronger U.S.-Saudi commercial relations. These deals, announced at the U.S.-Saudi Investment Forum in Riyadh, cover diverse sectors like liquid natural gas, fuels, chemicals, and emission-reduction technologies. The agreements align with Saudi Arabia's economic diversification efforts and aim to attract significant foreign investment.