The US government allows Saudi Aramco to operate in the US because it is a private company and is not controlled by the US government. The company has obtained the necessary licenses and permits to conduct its business activities in the US, in accordance with US laws and regulations.
The US and Saudi Arabia have a long-standing economic and political relationship, and the US has a significant interest in maintaining a stable oil supply from Saudi Arabia. Saudi Aramco has a significant presence in the US, with operations in various states, including Texas, California, and Louisiana. The company has invested billions of dollars in the US economy, creating jobs and supporting local communities.
In addition to its economic contributions, Saudi Aramco also plays a vital role in ensuring the security of the global oil supply, particularly in the context of the US’s dependence on foreign oil. The company has a large reserve base and the ability to quickly increase production to help stabilize the market.
It’s worth noting that the US government also has a strategic interest in ensuring that the global oil market remains stable, and this is achieved by maintaining a positive relationship with Saudi Arabia, the largest oil producer in the world.