Saudi Arabia, Russia: Rumors of an Arms Deal

Rumors of a massive defense deal between Saudi Arabia and Russia have been circulating throughout the Western and Russian press in recent days. The reports, citing "Russian defense industry sources," claim the deal could be inked this year, but STRATFOR sources in Russia and Saudi Arabia have indicated that the deal is not going anywhere any time soon. The Kremlin may have an interest in highlighting its negotiations with the Saudis to remind Washington of its growing footprint in the Middle East, but right now, it is more important for Russia to hold on to its leverage with Iran in dealing with the United States.