The United States and Saudi Arabia have agreed on the broad outlines of a deal for Saudi Arabia to recognize Israel in exchange for concessions to the Palestinians, US security guarantees, and civilian nuclear help, the Wall Street Journal reported on Wednesday, citing American officials.

According to the report, the officials expressed cautious optimism that, in the next nine to 12 months, they can straighten out the deal's finer details. But they warn that they face long odds.

The report adds that Saudi Crown Prince Mohammed bin Salman told his advisors that he was in no rush to come to such an agreement, especially with the current Israeli government, which opposes the creation of an independent Palestinian state.

The basis for such a deal, according to US and Saudi officials, would be a significant offer by the Israelis that advances efforts to create an independent Palestinian state. According to the report, these concessions are one of the significant hurdles facing negotiators.... Read More: Arutz-7