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Saudi Arabia

October 31, 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 Aramco car with visiting journalists is seen outside the company's Natural Gas Liquids plant in Saudi Arabia's remote Empty Quarter near the United Arab Emirates, on May 10, 2016. Despite collapsed global oil prices, production is expanding at Shaybah, as it is in other units of the company at the centre of the kingdom's Vision 2030 drive for diversification away from oil. The Saudi government plans to sell less than five percent of the company in what officials say will be the world's largest-ever

Why natural gas supply is critical to Saudi economic transformation

Gerald Kepes

In Washington, DC, reporting on regional energy trends

Saudi Arabia's Crown Prince Salman bin Abdulaziz (2nd R) shakes hands with India's Prime Minister Narendra Modi (C) after they joined heads of states and international organizations for a "family photo" during the G20 Summit in Brisbane on Nov. 15, 2014.

India’s Modi ‘deeply concerned’ about Saudi King Salman’s health

The 88-year-old king has faced health setbacks in recent weeks, prompting Crown Prince Mohammed bin Salman to cancel a trip to Japan.

Royal Saudi Air Force Panavia Tornado and F-15 Eagle fighter aircraft fly over during an airshow marking Saudi Arabia's 93rd National Day celebrations in Riyadh on September 23, 2023. (Photo by Fayez Nureldine / AFP) (Photo by FAYEZ NURELDINE/AFP via Getty Images)

Behind scenes of Israel-Saudi deal, Pentagon works Arab air defense shield

The Biden administration is taking advantage of a lull in regional tensions to advance air and missile defense talks with GCC states, but the danger isn't over yet, as Pentagon officials worry Yemen's Houthi rebels can now reach the Mediterranean.

SHARM EL SHEIKH, EGYPT - FEBRUARY 24: King Salman bin Abdulaziz Al Saud of Saudi Arabia during talks with UK Prime Minister Theresa May while they attend the first Arab-European Summit on February 24, 2019 in Sharm El Sheikh, Egypt. Leaders from European and Arab nations are meeting for the two-day summit to discuss topics including security, trade and migration. (Photo by Dan Kitwood/Getty Images)

Saudi crown prince cancels Japan trip over King Salman's health concerns

The Saudi Press Agency reported Sunday that the crown prince’s 88-year-old father, King Salman Bin Abdulaziz, was suffering from lung inflammation and will be treated at the Al Salam Palace in Jeddah.

Saudi Crown Prince Mohammed bin Salman arrives at presidential Elysee Palace to meet France's President in Paris on July 28, 2022. French President Emmanuel Macron host Saudi Arabia's Crown Prince Mohammed bin Salman for talks in Paris on July 28, 2022, outraging rights groups and the fiancee of slain Saudi journalist Jamal Khashoggi. (Photo by Bertrand GUAY / AFP) (Photo by BERTRAND GUAY/AFP via Getty Images)

In Japan, Saudi Arabia's crown prince eyes expansion of energy, defense ties

In an upcoming visit to Tokyo, the Saudi crown prince will have an audience with the Japanese prime minister, among others, to discuss a "broad range" of issues.

Juergen Schmidhuber in an undated photo. @SchmidhuberAI

Interview

AI pioneer Schmidhuber bets on Saudi Arabia for trillion-dollar breakthrough

Juergen Schmidhuber, a pioneering AI researcher told Al-Monitor that Gulf players have opportunities to take on traditional tech powerhouses in this high stakes AI race.

Juergen Schmidhuber

Juergen Schmidhuber

AI computer scientist

A military band welcomed the President with the Russian national anthem, and the Russian tricolor was hoisted over Tiananmen Square.

Saudi cautious as Iran looks to make gains from Putin’s China visit

As Putin was making his way to Beijing, Alexie Miller, chair of Russia’s Gazprom, was in Tehran, where he met First Vice President Mohammad Mokhber and Oil Minister Javad Owji, the company said.

WASHINGTON, DC - APRIL 24: National Security Advisor Jake Sullivan talks to reporters in the Brady Press Briefing Room at the White House on April 24, 2024 in Washington, DC. Sullivan fielded questions about legislation President Joe Biden signed that morning for $80 billion in foreign aid, abortion arguments at the Supreme Court and other topics. (Photo by Chip Somodevilla/Getty Images)

Jake Sullivan to visit Saudi Arabia, Israel amid regional tension

White House national security adviser Jake Sullivan's trip comes as the Biden administration is urging Israel to consider alternatives to a full-scale invasion of Rafah.

Qatar's Finance Minister Ali bin Ahmed Al Kuwari (L) listens as his Saudi counterpart Mohammed Al-Jadaan speaks during a session at the Qatar Economic Forum in Doha on May 14, 2024.

Saudi Arabia 'conservative' on oil revenue as it pares back Vision 2030 plans

Mohammed Al-Jaadan warned that being a resource-rich country was a curse as well as a blessing because being dependent on one commodity such as oil can hold a country "hostage" to the volatility of global demand and prices.

This photograph taken on January 12, 2024, shows an oil refinery in the desert between Shubaytah and Shubaytah, of the Dakar rally 2024, in Saudi Arabia, on January 12, 2024. (Photo by PATRICK HERTZOG / AFP) (Photo by PATRICK HERTZOG/AFP via Getty Images)

What's behind Saudi Arabia's increase in crude oil prices for Asian market?

The kingdom wants to restrain oil production to keep demand up, but the increase in prices to Asian customers is more related to refining values, says one expert.

TOPSHOT - US President Joe Biden (C-L) and Saudi Crown Prince Mohammed bin Salman (C) arrive for the family photo during the Jeddah Security and Development Summit (GCC+3) at a hotel in Saudi Arabia's Red Sea coastal city of Jeddah on July 16, 2022. (Photo by MANDEL NGAN / POOL / AFP) (Photo by MANDEL NGAN/POOL/AFP via Getty Images)

Biden’s grand bargain between Saudi Arabia and Israel hangs by a thread

Diplomatic sources briefed on the discussions suggest it would likely fall short of Article 5 of the United States’ 1960 treaty with Japan, but would likely go beyond the benefits of major non-NATO ally.

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

Mideast passes stress test as Iran-Israel trade blows, but economic challenges remain