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Saudi Arabia

November 1, 2026

Riyadh 10:19 am

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Traders work on the floor of the New York Stock Exchange at the opening bell, New York City, Sept. 28, 2026.

Oil tops $114 as traders brace for Iran escalation after US midterms

On Friday, BP posted its highest profits in 18 years as a result of the Iran conflict, which has driven up oil and gas margins.

Security forces stand guard in front of a banner showing the Kaaba during a protest by supporters of the Houthi authorities against the Saudi intervention in Yemen and against Saudi Arabia's recent accusation that the Houthis fired at the holy city of Mecca, in Sanaa on Sept. 18, 2026.

Russian satellite data helped Yemen’s Houthis target Saudi Arabia: What to know

A report by The Associated Press found evidence that Russian satellites helped Yemen’s Houthis identify and target specific sites, including energy facilities and military bases, in Saudi Arabia.

A woman walks past a mural bearing the Iranian national flag

Analysis

How wartime urgency pushed Iran to court Saudi Arabia, Turkey, Pakistan

Tehran's push for a regional security order independent of Washington could be gaining diplomatic momentum, but the Islamic Republic has competing, if not conflicting, strategic priorities with the countries it hopes to engage.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

BILAL QABALAN/AFP via Getty Images

Saudi oil infrastructure in crosshairs as Houthis claim Ras Tanura strike

Ras Tanura is home to the kingdom’s largest refinery and one of the world’s most important oil export terminals.

Latest News

Explainer

As parliament approves, what's driving Egypt's 'defensive' support to Saudi Arabia?

Egyptian soldiers man an infantry fighting vehicle

Riyadh airport reopening faces turbulence as Houthis claim new strikes

A man looks at a screen displaying the flight schedule at the Hazrat Shahjalal International Airport in Dhaka, on Oct. 12, 2026, as Saudi Arabia-bound flights remain canceled a day after a Houthi strike at Riyadh's international airport.

Saudi Arabia’s KBS, top Turkish and Pakistani officials hold rare meeting in Iran: What to know

GEOFFROY VAN DER HASSELT/AFP via Getty Images

Samuel Wendel

Senior Analyst, Middle East Business & Tech

In Washington, DC, reporting on regional business and tech

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

Jack Dutton

Chief Business Correspondent

In Bristol, reporting on regional business, climate change, AI, tech

Francesco Schiavi

In Bologna, reporting on security, defense, economy, governance

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

A flame from a Saudi Aramco oil installation known as "Pump 3" is seen in the desert near the oil-rich area of Khouris, 160 kilometers (99 miles) east of Riyadh, Saudi Arabia, June 23, 2008.

Saudi cooperation with China continues with finalization of long-planned refinery deal

Saudi oil giant Aramco has made a few agreements with Chinese companies in recent years.

OPEC

UAE sticks to OPEC+ production limits

The Biden administration is asking Gulf partners to increase production in response to rising oil prices, but so far the cartel is holding to its earlier agreement.

United Arab Emirates

Saudi central bank

Analysis

Saudi Central Bank extends guaranteed financing program for small businesses

The program encourages Saudi banks to loan to small businesses by guaranteeing a portion of the funds, and was launched in response to the coronavirus-related economic downturn in Saudi Arabia.

AL-MONITOR Staff

By AL-MONITOR Staff

FAYEZ NURELDINE/AFP via Getty Images

Oil prices, Saudi Aramco shares soar as Ukraine fighting continues

Saudi Arabia, Russia and other major oil producers have so far declined to increase production despite pleas from the United States.

electric car

Electric SUV race coming to Saudi Arabia’s NEOM

Crown Prince Mohammed bin Salman has prioritized investing in new types of sports as part of his Vision 2030 initiative.

Saudi tourism

Emirates airline to boost Saudi tourism

The Dubai-based carrier has signed an agreement with the Saudi Tourism Authority to bring international travelers to Saudi Arabia.

AFP via Getty Images

Gulf foreign ministers, GCC chief visit China for talks

GCC Secretary General Nayef Falah Al-Hajraf said the five days of meetings will "contribute to enhancing GCC-Chinese relations."

Volunteers check IDs in Addis Ababa, Ethiopia, on Nov. 17, 2021. There are fears emergency measures are leading to the profiling of ethnic Tigrayans.

Ethiopia detaining Tigrayans deported from Saudi Arabia, rights group says

Human Rights Watch urged Ethiopia to release the arbitrarily detained Tigrayans and called on Saudi Arabia to stop its deportations.

ALEJANDRO PAGNI/AFP via Getty Images

Turkey's Erdogan says he'll visit Saudi Arabia in February

Turkish President Recep Tayyip Erdogan's planned visit to Saudi Arabia comes as Ankara seeks to mend ties with several Gulf countries.

Airport workers inspect the damage at Sanaa International Airport on Dec. 21, 2021, following a reported airstrike by the Saudi-led coalition.

Yemen’s Houthis say Sanaa airport reopen to flights after bombing

The UN envoy for Yemen said the recent escalation was "among the worst" seen in the conflict in years.

Saudi-backed government troops repel a Huthi rebel offensive on oil-rich Marib, some 120 kilometres (75 miles) east of Yemen's rebel-held capital Sanaa, on Feb. 14, 2021.

Saudi-led coalition renews airstrikes against Yemen's Houthis

Riyadh-led airstrikes came after Yemen's Houthis launched a projectile into the southern Saudi province of Jizan, killing two people late last week.

Justin Lane/Getty Images

Saudi diplomat says Iran 'playing games' in regional talks

Abdallah Al-Mouallimi's comments came as Jordanian state news outlets reported on a "security dialogue" between the two countries in Amman.