Lawmakers have expressed concerns for years that the move would give China access to sensitive technology.

Israel and Morocco announced the move in a joint statement with the United States, saying that integrating Israel into the broader Arab world “will lead to peace, stability and shared prosperity.” The Abraham Accords were a marquee foreign policy achievement of President Donald Trump’s first term.

Oil declined for the second consecutive day as the prospect of lost Saudi Arabian volumes returning to the global market pushed prices lower in morning trade.

Saudi Arabia and several Gulf countries raised key interest rates by 25 basis points following the US Federal Reserve's hike, in line with the need to maintain monetary and exchange-rate stability. The Saudi Central Bank increased its repurchase agreement rate to 4.5% and its reverse repo rate to 4% to ensure monetary stability.

Saudi-Houthi conflict LIVE updates: The US has warned Americans to ‘reconsider travel’ to Saudi Arabia. Houthi attacks on Saudi targets have intensified, while Riyadh has stepped up strikes against the rebel group in Yemen.

The body of what appeared to be a Dongfeng 15 was found in the desert.

Saudi Arabia faces a potential two-front conflict as it weighs what to do about the Houthi advance. The Houthis swept down the coast of the Red Sea and took islands near the Bab al-Mandeb Strait. Meanwhile,