Saudi oil

Why the Abraham Accords were so valuable. Back in the 1970's the US developed the oil fields in Saudi Arabia. At that time the US agreed to offer military protection to the Saudis in return for a promise that they would only sell oil in dollars and that beget the petrodollar. This in effect made the US dollar the world currency which it still is today. The Abraham Accords set up during the Trump administration promise a renewal of this agreement even though the US was no longer dependent on Saudi oil. Part of maintaining US protection was a reconciliation between the Saudis and Israel and as this came close to happening, Iran a country with designs on Saudi oil panicked, and instigated the Hamas attack on Israel. Now Saudi is left vulnerable to attack by Iran. The US needs to quickly restart the Abraham Accords and once again off Saudi protection in return for a peace agreement with Israel. This would add Saudi Arabia to Egypt, Jordan along with UAE, Bahrain, Morocco and Sudan as a partnership opposing Iran. Then the US could reinstate the sanctions that Trump placed on Iran and that would be a major step toward getting rid of Hamas which could then lead to a two state agreement in the Middle East ending a dispute that started in 1948.