According to the author of the material, Saudi Arabia and the United Arab Emirates are currently looking for new partners for cooperation.
The intensification of the search intensified, according to Cronauer, after Washington decided to focus on competing with China.
“The fact that unopposed US hegemony in the Persian Gulf is coming to an end indicates a change in the balance of power on a historical scale,” the observer concluded.
Earlier, Chinese President Xi Jinping said that China and the Gulf countries intend to establish a joint investment council and a nuclear security center.
Prior to this, Xi Jinping announced Beijing's readiness to strengthen coordination with Riyadh in the energy sector.