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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 man carries a sack of wheat flour he received at a camp for people recently displaced by fighting in Yemen's northern province of al-Jawf between government forces and Houthis, in Marib, Yemen March 8, 2020. Picture taken March 8, 2020. REUTERS/Ali Owidha - RC29GF9R1PMN

US slashes millions in Yemen aid despite pandemic

As Yemen stares down a coronavirus crisis, the United States is set to slash $73 million in humanitarian assistance because of worsening Houthi aid restrictions.

Saudi King Salman bin Abdulaziz speaks via video link during a virtual G20 summit on coronavirus disease (COVID-19), in Riyadh, Saudi Arabia March 26, 2020. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. - RC2PRF9ANFVP

Saudi Arabia says it will pay for coronavirus patients' treatment

Saudi Arabia has the highest known rate of coronavirus infection in the Gulf, with eight deaths so far out of over a thousand cases.

Pope Francis greets Mohammad bin Abdul Karim Al-Issa, Secretary General of the Muslim World League, during a meeting at the Vatican, September 20, 2017. Osservatore Romano/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. NO RESALES. - RC168FEBB020

Saudi leader of Muslim World League: Interfaith partnerships during pandemic ‘religious, moral duty'

Mohammad bin Abdulkarim Al-Issa says, “We try to lead by example, and show that we are all in this together.”

A soldier walks at the site of a Houthi missile attack on a military campís mosque in Marib, Yemen January 20, 2020. REUTERS/Ali Owidha - RC2OJE90YU7S

Coronavirus cease-fire offers pause in Yemen war

Despite a cease-fire among the parties to Yemen's civil war, the Saudi-led coalition announced it had downed three Houthi drones.

U.S. Representative Michael McCaul (R-TX) arrives at Trump Tower to meet with U.S. President-elect Donald Trump in New York, U.S., November 29, 2016. REUTERS/Mike Segar - RC17792FFC10

Intel: Republicans dial up pressure on Saudis to end oil price war with Russia

Republicans are throwing their weight behind the Donald Trump administration’s push to get Saudi Arabia to end its oil price war with Russia, which has increasingly squeezed American energy companies as the coronavirus runs rampant throughout the United States.

U.S. Secretary of State Mike Pompeo takes part in a meeting with Saudi Arabia's Crown Prince Mohammed bin Salman in Jeddah, Saudi Arabia, September 18, 2019. Mandel Ngan/Pool via REUTERS - RC114A0F4CE0

Intel: How the US is relying on Riyadh to reassure global markets

In a phone call with Crown Prince Mohammed bin Salman on Tuesday, US Secretary of State Mike Pompeo urged Saudi Arabia to “rise to the occasion” as the escalating coronavirus crisis and the kingdom’s standoff with Russia continue to hammer global markets.

Turkey charges 20 Saudis in Khashoggi murder

Turkey will hold a trial in absentia for the 20 suspects it says participated in the murder of journalist Jamal Khashoggi.

A general view shows an empty street after a curfew was imposed to prevent the spread of the coronavirus disease (COVID-19), in Riyadh, Saudi Arabia, March 23, 2020. REUTERS/Ahmed Yosri - RC2TPF91BJRT

Saudi Arabia declares nationwide coronavirus curfew

Saudi Arabia has announced a nationwide curfew for the next three weeks in a bid to slow the spread of COVID-19.

After bragging about being virus-free, first COVID-19 cases confirmed in Gaza

Palestinians in the Gaza Strip had been shrugging off a lockdown announced by PA, saying Gaza had no virus cases.

Russia hoping to outdo Saudis over time in coronavirus-hit oil market

Russia opted for an approach based on uncertainty in its decision to leave the OPEC-plus deal, but is it punching above its weight?

Houthi troops ride on the back of a police patrol truck after participating in a Houthi gathering in Sanaa, Yemen February 19, 2020. REUTERS/Khaled Abdullah - RC2M3F90W6HV

Yemen conflict leaves impact on judiciary

A Houthi-run court in Sanaa sentenced to death 35 parliamentarians on charges of treason, which risks further dividing society in Yemen.

Will Marib province survive Houthi offensive after fall of al-Jawf?

An offensive on Marib province is looming but may not be imminent as analysts say they think Marib will likely remain in a state of ebb and flow following the battles in al-Jawf and Nihm.