The USA does not want to lose its role as a mediator in the Middle East to China, so it is establishing an Israel-Saudi Arabia agreement. The greatest potential for conflict is likely to lie in the commitment to a Palestinian state, because Israel does not currently know exactly what it should do with the largely destroyed Gaza Strip.
The status of the West Bank is almost as problematic: after the Hamas attacks on Israel on October 7, 2023 and the subsequent military retaliation, the situation there also escalated between radical Israeli settlers and the Arab-Palestinian population. The problem is that currently no one trusts the Palestinian Authority under 88-year-old Mahmoud Abbas to be able to handle this task. The negotiations are said to be in their final stages, reports the Wall Street Journal, but whether Israeli Prime Minister Benjamin Netanyahu also agrees is questionable. He is also in favor of including the Gulf monarchy and other moderate Arab states in a future security order for Gaza. Saudi representatives are now said to have declared their fundamental willingness to do so.