Saudi Arabia would be willing to accept a political commitment from Israel to create a Palestinian state, rather than anything more binding, in a bid to get a defence pact with Washington approved before the US presidential election, three sources have told Reuters. Months of US-led diplomacy to get Saudi Arabia to normalise relations with Israel and recognise the country for the first time were shelved by Riyadh in October in the face of mounting Arab anger over the deadly war in Gaza, which has killed over 27,200 Palestinians in almost four months. But Saudi Arabia is increasingly keen to sh…