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The source declined to provide more details of Bandar’s talks with the diplomats, which took place in the past few days.
But he suggested that the planned change in ties between the energy superpower and the United States would have wide-ranging consequences, including on arms purchases and oil sales.
Saudi Arabia, the world’s biggest oil exporter, ploughs much of its earnings back into U.S. assets. Most of the Saudi central bank’s net foreign assets of $690 billion are thought to be denominated in dollars, much of them in U.S. Treasury bonds.
“All options are on the table now, and for sure there will be some impact,” the Saudi source said.
He said there would be no further coordination with the United States over the war in Syria, where the Saudis have armed and financed rebel groups fighting Assad.
The kingdom has informed the United States of its actions in Syria, and diplomats say it has respected U.S. requests not to supply the groups with advanced weaponry that the West fears could fall into the hands of al Qaeda-aligned groups.
Saudi anger boiled over after Washington refrained from military strikes in response to a poison gas attack in Damascus in August when Assad agreed to give up his chemical weapons arsenal.
‘A BIG MISTAKE’
Representative Chris Van Hollen, a member of the U.S. House of Representatives’ Democratic leadership, told Reuters’ Washington Summit on Tuesday that the Saudi moves were intended to pressure Obama to take action in Syria.
“We know their game. They’re trying to send a signal that we should all get involved militarily in Syria, and I think that would be a big mistake to get in the middle of the Syrian civil war,” Van Hollen said.
“And the Saudis should start by stopping their funding of the al Qaeda-related groups in Syria. In addition to the fact that it’s a country that doesn’t allow women to drive,” said Van Hollen, who is close to Obama on domestic issues in Congress but is less influential on foreign policy.
Saudi Arabia is concerned about signs of a tentative reconciliation between Washington and Tehran, something Riyadh fears may lead to a “grand bargain” on the Iranian nuclear program that would leave Riyadh at a disadvantage.
Prince Turki expressed doubt that Obama would succeed in what he called an “open arms approach” to Iran, which he accused of meddling in Syria, Lebanon, Yemen, Iraq and Bahrain.
“We Saudis observe President Obama’s efforts in this regard. The road ahead is arduous,” he said. “Whether (Iranian President Hassan) Rouhani will succeed in steering Iran toward sensible policies is already contested in Iran. The forces of darkness in Qom and Tehran are well entrenched.”
The U.N. Security Council has been paralysed over the 31-month-old Syria conflict, with permanent members Russia and China repeatedly blocking measures to condemn Assad.
Saudi Arabia backs Assad’s mostly Sunni rebel foes. The Syrian leader, whose Alawite sect is derived from Shi’ite Islam, has support from Iran and the armed Lebanese Shi’ite movement Hezbollah. The Syrian leader denounces the insurgents as al Qaeda-linked groups backed by Sunni-ruled states.
In Bahrain, home of the U.S Fifth Fleet, a simmering pro-democracy revolt by its Shi’ite majority has prompted calls by some in Washington for U.S. ships to be based elsewhere.
Many U.S. economic interests in Saudi Arabia involve government contracts in defence, other security sectors, health care, education, information technology and construction.