1. DEAL

    Saudis Buy $30 Billion in U.S. Jets

    Giuseppe Cacace / FILE / AFP / Getty Images

    The U.S. will sell Saudi Arabia $30 billion worth of F-15 fighter jets, the Obama administration said Thursday. The deal comes on the heels of rising tensions with Iran, and is considered essential in strengthening the U.S.’s military relationship with Saudi Arabia. The deal also calls for the production of 84 new aircraft, and the modernization of 70 current aircraft along with “munitions, spare parts, training, maintenance, and logistics,” according to White House spokesman Josh Earnest. The White House says the deal will help create 50,000 jobs.

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