Saudi Arabia - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012

Saudi Arabia cover image

Saudi Arabia

November 2, 2026

Riyadh 8:39 am

25°C

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

Riyadh Agreement at risk of collapse in southern Yemen

Tensions flare between Saudi and UAE aligned forces.

A man sprays disinfectant to curb the spread of the coronavirus disease (COVID-19), inside Jaramana Palestinian refugee camp in Damascus, Syria April 1, 2020. Picture taken April 1, 2020. REUTERS/Omar Sanadiki - RC29WF9SNKKP

How the pandemic, plummeting oil prices could reshape Middle East

COVID-19 will weaken fragile states, raising risk of failure but creating openings for diplomacy.

Saudi Arabia to pay some private sector salaries amid coronavirus fallout

Riyadh has announced it will cover a portion of private sector salaries in the industries most impacted by the novel coronavirus pandemic.

A general view of Business Bay area, after a curfew was imposed to prevent the spread of the coronavirus disease (COVID-19), in Dubai, United Arab Emirates, March 28, 2020. REUTERS/Satish Kumar - RC2VSF94JGLQ

How COVID-19 will change GCC labor markets

A siren is blaring for local labor markets as the global pandemic and falling oil revenues begin to upend the Gulf states' economies.

Airstrikes on Yemen intensify, shatter hope for peace

The latest Saudi-led airstrikes against Houthi positions in the Yemeni capital Sanaa have ended all hopes for peace as the war-torn country braces for the coronavirus pandemic.

Russian President Vladimir Putin and Saudi Arabia's Crown Prince Mohammed bin Salman attend a meeting in Riyadh, Saudi Arabia, October 14, 2019. Sputnik/Alexei Nikolsky/Kremlin via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. - RC16798088B0

Intel: Russia rebuts Trump’s claim that Saudis agreed to oil compromise

President Donald Trump tweeted on Thursday that Russia and Saudi Arabia agreed to a compromise to end the ongoing oil price war after a discussion between President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman.

Saudi Arabia imposes 24-hour coronavirus curfew in Mecca, Medina

Saudi Arabia has shut down virtually all activity in Mecca and Medina as it fights the global pandemic, and authorities are urging Muslims around the world to delay making travel plans for the hajj this summer.

A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov - RC2QVF91B7M0

Saudis risk losing last Republican defenders with oil price war

The oil price war places the Saudis at risk of losing their previously stalwart defenders on Capitol Hill, the last line of defense against legislation targeting the kingdom.

Intel: Trump laments oil price war as Saudis lose key defenders in Congress

President Donald Trump on Tuesday bemoaned the oil price war between Saudi Arabia and Russia that has rattled energy markets and exacerbated coronavirus-related layoffs throughout the United States.

Can Russia, Saudi Arabia strike new OPEC+ deal with US help?

As the OPEC+ deal has expired, Russia and Saudi Arabia remain at odds, though the United States offered encouraging words that production cuts might be negotiated.

Hamas, Houthis hope for deal with Saudi Arabia

Yemen’s Iran-aligned Houthi group is suggesting the release of Saudi captives in exchange for the release of Palestinians detained in Saudi jails, an unprecedented proposal that was widely welcomed by the Palestinian Hamas movement.

COVID-19 menaces oil market

The novel coronavirus pandemic could have an even greater impact on the global oil glut than the Saudi-Russian showdown over prices and output.