The US is trying mightily to convince Israel that it is more secure with the Iran nuclear deal. But the prospect of a strengthened Iran asserting itself in the region may be even harder for the Saudis to take.
Optimistic reactions to the Iran nuclear deal, such as higher prices for certain stocks and lower for oil, could sour quickly if Iran fails to follow through on the requirements it signed on to Sunday.
Oil prices dropped below $94 a barrel Monday as Iran reached a deal with six world powers on the country's nuclear program. The agreement dropped oil prices 92 cents to $93.92 in midday trading in New York.