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Saudi Arabia

October 31, 2026

Riyadh 1:21 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

Saudi Crown Prince Mohammed bin Salman greets Syrian President Bashar Assad during the Arab summit in Jeddah, Saudi Arabia, on Friday. Saudi Press Agency / Saudi Press Agency via AP

Saudi Arabia and Syria resume regular flights as thaw with Assad advances

The move signals a new step toward further developing the relations between the two countries.

An Airbus A330 of Saudi airline company, also known as Saudi Arabian Airlines, lands in Toulouse, on July 22, 2017.

As Boeing struggles, Airbus inks 4-aircraft deal with Saudi Arabia

The kingdom ordered four more of Airbus’ A330 Multi Role Tanker Transport aircraft for the Royal Saudi Air Force as Boeing's challenges mount in Gulf over safety issues.

Saudi and foreign journalists are pictured at the Future Investment Initiative forum at the King Abdulaziz Conference Center in Saudi Arabia's capital Riyadh on Oct. 29, 2019.

Middle East startups see funding fall by 34% in first half of 2024

Although startup funding levels have plateaued globally, MENA reported an increase in early-stage rounds and investor participation.

United Arab Emirates

Officers of the Directorate of Narcotics Control of Saudi Arabia's Interior Ministry sort through tablets of Captagon.

Saudi's latest drug bust: thousands of narcotics tablets, 760 pounds of qat

Saudi Arabia is a major destination for the amphetamine Captagon, though seizures have decreased recently due to more enforcement in transit countries like Jordan, according to a recent report.

RIYADH, SAUDI ARABIA - MAY 4: Cristiano Ronaldo of Al Nassr celebrates after scoring the 2nd goal during the Saudi Pro League match between Al-Nassr and Al Wehda at Al Awwal Park on May 4, 2024 in Riyadh, Saudi Arabia.(Photo by Yasser Bakhsh/Getty Images)

Culture

Saudi Arabia's soccer dreams tested as Vision 2030 goal posts move

2023 saw Saudi Arabia take the world of soccer by storm with record-breaking spending on new stars, but those hoping for a repeat performance in 2024 have so far been left disappointed.

WAKIL KOHSAR/AFP via Getty Images

In navigating return of Taliban, will Saudi reopen embassy in Afghanistan?

If the reported push to reopen materializes, it could help provide some legitimacy to the Taliban government.

The Public Investment Fund, PIF, presence during the BNP Paribas Open at Indian Wells Tennis Garden on March 13, 2024, in Indian Wells, California.

What’s behind Saudi Public Investment Fund’s $17.2B profit?

The sovereign wealth fund’s turnaround following the loss in 2022 is due in large part to the stock market rebounding.

Saudi defense chief Khalid bin Salman in Turkey received by his counterpart Yasar Guler in Ankara on July 2, 2024

Saudi defense chief in Turkey, meets Erdogan as drone sales grow

Turkey and Saudi Arabia signed a major drone deal last year in one of several recent demonstrations of strengthening defense cooperation between the two countries.

This picture taken December 12, 2019 shows a man monitoring the board at the Stock Exchange Market (Tadawul) bourse in Riyadh. - Energy giant Saudi Aramco's market value soared above $2 trillion as its share price surged again on its second day of trading. The valuation milestone was sought by Saudi Crown Prince Mohammed bin Salman when he first floated the idea of selling up to five percent of Aramco, the world's largest oil firm, about four years ago. Aramco shares jumped another 9.7 percent to 38.60 riya

Is Saudi Arabia’s $100B foreign investment drive starting to yield results?

Samuel Wendel

In Washington, DC, reporting on regional business and tech

Exterior view from Trump Tower in New York City, on May 31, 2024. Donald Trump became the first former US president ever convicted of a crime after a New York jury found him guilty on all charges in his hush money case, months before an election that could see him yet return to the White House. (Photo by Kena Betancur / AFP) (Photo by KENA BETANCUR/AFP via Getty Images)

Trump Tower deal announced in Jeddah as Saudi business ties grow

The Trump Organization recently unveiled a development in Oman, while Trump’s golf course is again hosting the Saudi-backed LIV Golf this year.

Saudi Crown Prince Mohammed bin Salman receives Kuwait’s Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah in Jeddah, Saudi Arabia on June 11, 2024. (Source: KSAmofaEN/Twitter/X)

Kuwait doubles down on Saudi ties driven by economics, counter-Islamism

Kuwait's newly appointed crown prince, Sheikh Sabah Khalid Al Sabah, is expected to advance the already good ties between his country and Saudi Arabia, as the two seek to further their economic prosperity.

ABDEL GHANI BASHIR/AFP via Getty Images

Iran claims Saudi Arabia won't let Iranian pilgrims vote

Iranian worshippers resumed Umrah pilgrimages to holy sites in Saudi Arabia in April after the two countries resumed relations last year.