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Saudi Arabia

October 31, 2026

Riyadh 5:47 pm

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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

FAYEZ NURELDINE/AFP via Getty Images

Saudi Arabia outranks US for expat life, Kuwait ranks worst

Saudi Arabia was found to be the 28th best country to live in as an expatriate while the United States ranked 30th, according to a Tuesday report.

ALEXANDER ZEMLIANICHENKO/AFP via Getty Images

Saudi Arabia imports record volumes of discounted Russian fuel oil in June

Europe used to be the top market for Russian oil and petroleum products but all that has changed since Russia's invasion of Ukraine.

FAYEZ NURELDINE/AFP via Getty Images

Saudi Public Investment Fund reports $11 billion loss for 2022

Saudi Arabia's sovereign wealth fund reports its assets have risen from $676 billion to about $778 billion in 2022 in a rare gesture of transparency for the Gulf.

WASHINGTON, DC - JULY 11: Chief Operating Officer of the PGA Tour Ron Price arrives for a Senate Homeland Security Subcommittee on Investigations hearing examining the business deal between the PGA Tour and the Public Investment Fund of Saudi Arabia's LIV Golf on Capitol Hill July 11, 2023 in Washington, DC. In early June, the PGA Tour and LIV Golf announced plans for a framework agreement to create a new global golf entity, which will be heavily funded by Saudi Arabia's Public Investment Fund. (Photo by Dr

Congress grills PGA Tour on relationship with Saudi Arabia’s LIV Golf

US Senator Richard Blumenthal, who led the hearing on the deal between the Saudi Public Investment Fund and the US golf circuit, told Al-Monitor that many questions remain unanswered.

Shopkeepers fix the price tags of rice at a market in Karachi on Jan. 6, 2023.

Pakistan thanks 'brotherly' Saudis for $2 billion ahead of IMF bailout decision

Pakistan received Saudi Arabia's $2 billion deposit a day before the International Monetary Fund is expected to approve a $3 billion bailout on Wednesday that the country desperately needs.

A picture taken on October 13, 2021 shows Kuwait's largest oil refinery at the Al-Ahmadi complex, about 40 kilometres (25 miles) south of the capital Kuwait City. - A fire broke out on October 18, 2021 in Al-Ahmadi refinery, with no interruptions to site operations or petrol exports. The fire was reported at the site of Mina al-Ahmadi, located on the Gulf coast just opposite Iran, according to an AFP photojournalist. (Photo by AFP) (Photo by -/AFP via Getty Images)

Analysis

Saudi Arabia, Kuwait's gas dispute with Iran tests recent detente

Kuwait and Saudi Arabia consider the Durra gas field to be theirs, but Iran claims a part of it. The issue shows disagreements remain between Riyadh and Tehran following the resumption of diplomatic relations.

Adam Lucente

By Adam Lucente

In New York City, reporting on regional news, militancy, climate change

Nourah bint Saeed al-Qahtani.

UN experts urge Saudi Arabia to release two women detained over tweets

In a report, the UN Working Group on Arbitrary Detention condemned the use of a vague counterterrorism law against rights activists in the kingdom.

This picture taken from the sea of Dubai on March 3, 2021 shows the skyline of the Gulf emirate with Burj Khalifa in the centre.

UAE breaks foreign direct investment record as Saudi Arabia sees 59% dip

Israel and the United Arab Emirates led the Middle East and North Africa for the highest FDI inflow — the purchasing of assets in another country — and globally placed 15th and 16th, respectively, according to a UNCTAD report released Wednesday.

United Arab Emirates

Sultan Al Jaber

UAE COP28 president calls on oil firms to 'deliver climate action'

Sultan Ahmed Al Jaber gave a televised address to delegates at the OPEC International Seminar in Vienna, a meeting of oil executives and OPEC ministers.

United Arab Emirates

Justin Rose of England and his caddy look on, on the 9th hole during Day Four of the Saudi International.

Saudi Arabia to launch new sports investment group: report

The Financial Times report follows the merger between the Saudi-funded LIV Golf and the PGA Tour, but challenges remain as the kingdom eyes investment in golf, tennis and possibly American football.

A man walks near an autonomous 10-seater car during a trial run along Mohammed bin Rashid Boulevard on Sept. 1, 2016.

UAE awards China’s WeRide first license to operate self-driving cars

The UAE permit will allow the Guangzhou-based driving technology company to test its level 4 human-free and fully autonomous vehicles on public roads throughout the emirates.

United Arab Emirates

JOE KLAMAR/AFP via Getty Images

At OPEC, Saudi Arabia defends oil cuts with Russia despite mild market reaction

The kingdom's energy minister called for more industry transparency, despite several news organizations being prohibited from reporting on the OPEC conference he was speaking at.