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

Saudi Arabia cover image

Saudi Arabia

October 31, 2026

Riyadh 6:34 pm

32°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

Saudi Arabia leads AI global index for strategy as Israel tops Mideast rankings

Saudi Arabia topped the global chart for AI government strategy, which measures the depth of national spending commitments and strategies, while other Middle East and North Africa (MENA) states lagged further behind, beginning in 23rd place.

Iraq's Foreign Minister Fuad Hussein (R) shakes hands with his Saudi counterpart, Faisal bin Farhan Al Saud, in Baghdad on Feb. 2, 2023.

Saudi Arabia, UAE invest $6 billion in Iraq operations

The United Arab Emirates and Saudi Arabia will join together to boost trade and commerce in Iraq.

Saudi Arabia's Minister of Energy Abdulaziz bin Salman looks on during a press conference after the 45th Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting, Vienna, Austria, Oct. 5, 2022.

Saudi Arabia extends oil production cut in attempt to increase prices

Russia also moved to tighten supply, announcing it would reduce oil exports to 500,000 bpd in August.

Visitors use an augmented reality mask on the Saudi Arabia company STCs stand at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2023. (Photo by Thomas COEX / AFP) (Photo by THOMAS COEX/AFP via Getty Images)

Gulf investors shape US-China tech competition, from Silicon Valley to Shenzen

Facing a funding drought, big name US venture capitalists have been descending on the Gulf in search of fresh funds.

Samuel Wendel

In Washington, DC, reporting on regional business and tech

Supporters of Iraq's Sadrist movement gather outside the Swedish embassy in Baghdad on June 30, 2023 for a second day of protests against a Koran burning outside a Stockholm mosque that outraged Muslims around the world. The protest came a day after an Iraqi citizen living in Sweden, Salwan Momika, 37, stomped on the Islamic holy book and set several pages alight in front of the capital's largest mosque. Swedish police had granted him a permit in line with free-speech protections, but authorities later said

As protests continue against Sweden, OIC to meet in Saudi on Quran burning

Member states are set to discuss measures to be taken against attacks on the Muslim holy book.

People walk past the main gate to the campus of the American University of Beirut (AUB) in the heart of the Lebanese capital, on January 13, 2022. - Power shortages and soaring petrol prices mean many Lebanese students can neither afford to reach their classes nor study from home, a conundrum that is ravaging a generation's future. (Photo by ANWAR AMRO / AFP) (Photo by ANWAR AMRO/AFP via Getty Images)

9 Middle East universities, 3 in Saudi Arabia make world’s top 300 schools

Nearly 150 universities from the MENA region are featured in a list of the world’s top universities.

West Bank violence

Blinken: US warned Israel that West Bank tensions could undermine Saudi normalization

Secretary of State Antony Blinken said it would be tough, if not impossible, to deepen and expand the Abraham Accords if the violence continues in the West Bank.

Muslim pilgrims crowd Saudi Arabia's Mount Arafat,also known as Jabal al-Rahma or Mount of Mercy, during the climax of the Hajj pilgrimage on June 27, 2023. The ritual is the high point of the annual pilgrimage, one of the five pillars of Islam, that officials say could be the biggest on record after three years of Covid restrictions. (Photo by Sajjad HUSSAIN / AFP) (Photo by SAJJAD HUSSAIN/AFP via Getty Images)

Millions of Muslims mark Eid al-Adha in Saudi Arabia after hajj pilgrimage

Muslims in the region are celebrating Eid al-Adha despite soaring prices.

OXCCU

British sustainable fuel startup eyes Middle Eastern market

OXCCU looks to lower the cost of sustainable aviation fuel to make it a more attractive option for airlines to buy instead of fossil fuels.

Saudi Arabia Deputy Crown Prince Mohammed bin Salman (2L) and Chinese President Xi Jinping (R).

Top Saudi officials travel to China to attend 'Summer Davos' as ties deepen

The kingdom’s economy minister and other top officials will participate in the so-called Summer Davos as China-Saudi ties continue to gain momentum.

This photograph taken on June 21, 2023, shows an Airbus A321 XLR airplane.

Analysis

More Middle East aircraft orders expected after quiet Paris Air Show

The IBA industry consultancy firm had expected an order from Turkish Airlines, but the carrier delayed its plans at the last minute by two months.

In Bristol, reporting on regional business, climate change, AI, tech

Egyptian President Abdel Fattah al-Sisi is greeted by Saudi Crown Prince Mohammed bin Salman in Saudi Arabia last April.

Saudi Crown Prince MBS meets Egypt's Sisi in France

Egypt has looked to Saudi Arabia for help during its ongoing economic crisis.