Biden administration wants to renew the nuclear agreement with Iran. If that can be achieved, Iranian markets give huge opportunities to American industry. Due to embargo, Iranian industry, whatever you might think of, is heavily under maintained. Most technology should be replaced while some modifications are required. Thus, gives huge opportunities to US, EU and Chinese markets.
Biden administration pushes Saudi Arabia and Iran to consider their political differences. While Biden administration intends to broker another nuclear deal with Iran, it compels Riyadh to prioritize its security guarantee. Thus, construes Riyadh is compelled to make a deal with Tehran about it. In return, it helps Tehran to prove that its global and regional isolation will end while it pushes US out of Middle East. And that is also what US wants to achieve, leaving Middle East and concentrate on rising China.
Easing tension between two gives opportunities to all parties. While isolation will be lifted on Iran, it will attract business to Tehran. Pushing nuclear deal with Iran will help Saudi to guarantee its security while the negotiations are ongoing. Moreover, US will protect its interests in Middle Easy while leaving. Ultimately, it will accelerate deploying US resources to Asia to contain rising China.
