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Source: http://www.rand.org/pubs/monographs/2009/RAND_MG840.pdf
Saudi-Iranian Relations Since the Fall of Saddam
[RAND Corporation] Containment of Iran by Saudi Arabia and the Gulf states is unrealistic, given the tradition of bilateral dialogue between individual Gulf states and Iran. Moreover, Saudi Arabia has shown a tendency to accommodate and engage Iran when it perceives ambiguity and confusion in U.S. policy. The Saudi overture to Iran in the wake of the 2007 U.S. National Intelligence Estimate, which was viewed in Riyadh as a downgrading of the Iranian threat, is a good example of this dynamic at work. A U.S. paradigm that views Saudi Arabia as a confrontational proxy against Iran does not reflect regional reality.