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(Bloomberg) The US and Bahrain have upgraded their defense relationship under a new security and economic deal that could become a template for Washington’s commitments to other Middle East allies including Saudi Arabia. Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksRay Dalio Says He Doesn’t Want to Hold Bonds, Cash ‘Is Good’Luxury Cruise Ship
The US and Bahrain inked a new security and economic agreement with Bahrain in a boost to improve bilateral ties. The move is significant considering the fact that both countries have tense relations with Iran.