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Saudi Arabia

November 2, 2026

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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 Saudi money exchanger wears a protective face mask and gloves as he counts Saudi riyal currency at a currency exchange shop in Riyadh, Saudi Arabia March 10, 2020. REUTERS/Ahmed Yosri - RC2ZGF9MUSEW

Saudi Arabia quarantines cash to prevent further coronavirus spread

Saudi Arabia will isolate coins and banknotes for up to 20 days in sealed containers.

Fuel prices are displayed at petrol station of French oil giant Total in Bordeaux, France, September 17, 2019. Picture taken September 17, 2019. REUTERS/Regis Duvignau - RC1E43667350

Global oil prices at highest since March following OPEC cuts

Oil prices have fallen significantly this year as a result of the coronavirus and the Saudi-Russia price war, but Brent crude has now risen past $36.

People enter the State Department Building in Washington, U.S., January 26, 2017. REUTERS/Joshua Roberts - RC1D48272C00

Intel: US rescinds ban on British defense firm implicated in Saudi weapons fraud

The US State Department is rescinding a 9-year-old policy that barred it from doing business with the Saudi subsidiary of a British defense firm, which pled guilty to fraud in a multibillion-dollar arms deal in 2010.

US Secretary of State Mike Pompeo speaks the press at the State Department in Washington, DC, on May 20, 2020. (Photo by NICHOLAS KAMM / POOL / AFP) (Photo by NICHOLAS KAMM/POOL/AFP via Getty Images)

Intel: Pompeo refused interview on Saudi arms sale investigation before firing Linick

Secretary of State Mike Pompeo refused to give an interview for State Department Inspector General Steve Linick’s investigation into a massive Saudi arms sale deal before asking President Donald Trump to fire the watchdog, Al-Monitor has learned.

Residents hang their laundry off the railing on their balconies at their apartment building, to disinfect them under sunlight, in the city of Dubai on May 17, 2020, during the spread of the COVID-19 pandemic. (Photo by Karim SAHIB / AFP) (Photo by KARIM SAHIB/AFP via Getty Images)

Gulf countries increase virus-related restrictions after new cases

The United Arab Emirates and Qatar registered more than 2,000 coronavirus cases between the two of them on Monday alone.

The sun is seen behind high-voltage power lines and electricity pylons at a highway northeast of Cairo, Egypt, March 13, 2019. REUTERS/Amr Abdallah Dalsh - RC19CACD69D0

Egypt to export electricity to Saudi Arabia

An interconnection power line between Egypt and Saudi Arabia is expected to generate important economic benefits for Egypt and boost its aspiration to become a regional energy hub.

Intel: Saudi arms sale probe factored in Trump's firing of watchdog

President Donald Trump fired State Department Inspector General Steve Linick last week in part because of an investigation into an $8 billion emergency arms sales for Saudi Arabia and the United Arab Emirates, a source on Capitol Hill told Al-Monitor.

Iraqi series produced by Saudi Arabia sparks controversy

Some TV programs on Saudi-funded channels have sparked controversy among Iraqis.

Gulf’s megaprojects face delays, reassessment

Saudi Arabia has cut capital expenditure for a number of Vision 2030 projects amid a drop in oil prices and Chinese investment. Will other Gulf states follow suit?

TOPSHOT - Fighters from of the Southern Transitional Council (STC) fire towards the positions of Saudi-backed government forces during clashes in the Sheikh Salim area in the southern Abyan province on May 11, 2020. (Photo by Nabil HASAN / AFP) (Photo by NABIL HASAN/AFP via Getty Images)

South Yemen in tumult as Yemen government, separatists face off in Abyan

Saudi-backed government forces in Yemen launched an offensive in the southern province of Abyan against UAE-backed southern secessionists who declared self-rule in the southern governorates last month.

Arleigh Burke-class guided-missile destroyer USS Barry (DDG 52) launches a Tomahawk missile in support of Operation Odyssey Dawn in the Mediterranean Sea in this handout photo March 19, 2011. This was one of approximately 110 cruise missiles fired from U.S. and British ships and submarines that targeted about 20 radar and anti-aircraft sites along Libya's Mediterranean coast. Joint Task Force Odyssey Dawn is the U.S. Africa Command task force established to provide operational and tactical command and contr

Intel: US contracts Boeing to build new cruise missiles for Saudi Arabia, Qatar

The US Navy awarded Boeing a nearly $2 billion contract Wednesday to provide Saudi Arabia with 650 new land attack cruise missiles, as well as to upgrade existing ones by the end of 2028.

An investor walks past a screen displaying stock information at the Saudi Stock Exchange (Tadawul) in Riyadh, Saudi Arabia June 29, 2016. REUTERS/Faisal Al Nasser - S1AETMRJVXAC

Have taxes killed GCC economic integration?

Saudi Arabia's recent decision to increase its value-added tax by 200% could spell the end of chances for regional economic integration and policy coordination.