President Trump walks alongside Crown Prince Muhammad Bin Salman of Saudi Arabia after he lands for his first overseas visit since being reelected (Source: video clip - The White House)
President Trump walks with MBS in Saudi Arabia (video snippet - @WhiteHouse/X)

As Israel fights an existential war on multiple fronts, its most powerful ally appears to be playing a double game—cutting deals with jihadists, courting Arab wealth, and bypassing Jerusalem in ways that rattle the very foundation of the U.S.-Israel relationship.

The United States has invested over $130 billion in Israeli security since 1948, making Israel the largest cumulative recipient of U.S. foreign aid. But no amount of money can shield Israel from the emotional and strategic whiplash it feels as America—under Donald Trump’s leadership—makes baffling moves that seem to put allies last and optics first.

In the past month alone, Trump has:

  • Struck a ceasefire deal with the Iran-backed Houthis to protect U.S. ships—while leaving Israel exposed;
  • Secured the release of American-Israeli hostage Edan Alexander without coordinating with Israeli officials;
  • Snubbed Jerusalem entirely on a high-profile tour through Saudi Arabia, the UAE, and the Islamist regime of Qatar.

For Israelis, especially after nearly 600 days of war, these are more than diplomatic slights. They are strategic alarm bells. Is Trump abandoning Israel in favor of Arab petrodollars and a misguided pivot toward appeasement?

Allies or Assets? Trump’s Calculated Arab Charm Offensive

The current U.S. diplomatic caravan, led by Trump and loaded with Wall Street powerbrokers and corporate titans, is not about friendship—it’s about business. With the UAE, Saudi Arabia, and Qatar collectively managing over $4 trillion in sovereign wealth funds, Trump has his eyes set on tapping into this vast capital.

By contrast, Israel’s sovereign wealth fund—the Israeli Citizens Fund—holds just $2.08 billion. The numbers alone explain why the White House is sending signals that Gulf investment may now be a higher priority than strategic alliance management.

Yet, Israel’s existing trade with the U.S. is substantial: $37 billion in bilateral trade last year, compared to only $25.9 billion with Saudi Arabia. But future projections, not past performance, seem to be driving U.S. policy.

Is Trump Throwing Israel Under the Bus?

Trump's behavior has led many to ask: Is this impulsive inconsistency, or a cold, pragmatic recalibration of U.S. Middle East policy?

He has:

  • Flipped from bombing the Houthis to praising their “honor.”
  • Oscillated between hardline threats against Iran and quiet engagement behind closed doors.
  • Seemingly dropped his precondition that Saudi normalization with Israel be a prerequisite for U.S. nuclear aid and defense guarantees to Riyadh.

If true, that’s a diplomatic betrayal cloaked in strategic convenience. But for Israel, there may be a silver lining: it has not yet been forced to concede a Palestinian statehood plan in exchange for normalization—a trap that could have deeply compromised Israeli security interests.

A Familiar Pattern: Netanyahu vs. Washington—Again

Let’s not forget, Prime Minister Benjamin Netanyahu has clashed with every U.S. president—Clinton, Bush, Obama, Biden—and now Trump. But this time feels different. The stakes are higher. The war with Hamas is ongoing, hostages remain in captivity, and Hezbollah looms in the north. The sense of betrayal cuts deeper.

Even new U.S. Ambassador to Israel Mike Huckabee made a clumsy debut, initially dismissing Israeli concerns by asserting that the U.S. didn’t need Israel’s permission to deal with the Houthis. After a backlash, Huckabee and Special Envoy Steve Witkoff launched a media offensive to reassure Israelis that Trump remains committed to their security.

Playing Chicken with Iran—While Israel’s Finger is on the Trigger

Tensions hit a boiling point when Netanyahu visited Washington last month to finalize plans for a potential strike on Iran, only to discover Trump had quietly opened negotiations with the regime in Tehran. The move shocked Jerusalem—and rattled the foundations of trust between the two governments.

In the U.S., the political right isn't united behind Trump’s Iran pivot. Senators Lindsey Graham, Tom Cotton, and Katie Britt have introduced a resolution demanding the total dismantlement of Iran’s nuclear program and insisting that any agreement be submitted to the Senate as a treaty.

This not only delays the process but could kill it entirely—unless Trump is playing an even bigger game.

Analysts are scrambling to explain these actions by the U.S. President with the prevailing thought being that the current standoff is pure brinkmanship. By dangling the threat of Israeli military action over Iran’s head, the U.S. may be trying to extract better terms at the negotiating table. But this game of chicken could end in disaster.

If Israel strikes Iran’s nuclear facilities—and its oil infrastructure—global oil prices could skyrocket, triggering a regional war that neither Trump nor the Gulf states can afford.

Conclusion: No Room for Naivety

This is not about temporary turbulence in a long-standing friendship. It’s about a potential recalibration of America’s strategic priorities in the Middle East, with Israel no longer guaranteed a front-row seat.

For Israelis, the message is chilling: money talks—and alliances walk. If Trump believes he can buy Arab peace and prosperity by sidelining Israel, he is not just playing with fire—he is playing with the very foundation of America’s moral credibility in the region.

And Israel, as it has done throughout its history, may be forced to act alone.