The Biden presidency was not the best of times for U.S.-Saudi relations. After Biden declared Saudi Arabia a pariah state and signaled a commitment to the energy transition, the fate of the bilateral relations was more or less sealed. Now, with Trump, this may well change. Because the U.S. and Saudi have common oil interests. On the face of it, the United States and Saudi Arabia are rivals in the oil space, and the U.S. has played a lead role in Saudi’s loss of clout over international prices with its record-high production. But, according…