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Saudi Arabia

November 1, 2026

Riyadh 3:32 am

23°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

MANDEL NGAN/AFP via Getty Images

US says Saudi Arabia's MBS has immunity in Khashoggi lawsuit

The Biden administration says Saudi Crown Prince Mohammed bin Salman should be immune from a US lawsuit holding him responsible for Jamal Khashoggi's murder.

World Cup

Culture

Iran, Saudi, other MidEast teams warm up in Qatar as World Cup approaches

Iran is looking to advance to the second round for the first time ever, but the team is mired in controversy over the protests in the country while host Qatar itself is facing criticism at home.

Saudi Crown Prince Mohammed bin Salman (L) speaks with South Korean President Moon Jae-In (not pictured) during a meeting at the Presidential Blue House, Seoul, South Korea, June 26, 2019.

Saudi Aramco makes $7 billion investment in South Korea during crown prince’s visit

Saudi Crown Prince Mohammed bin Salman is seeking to boost energy, defense and investment cooperation with Seoul during his trip.

His Excellency Sultan Abdulrahman Al-Marshad, CEO of the Saudi Fund for Development, today signed a memorandum of understanding in Guinea Conakry with His Excellency Moussa Cissé.

Saudi Arabia continues inroads into Africa with Guinea water project

The Saudi Fund for Development’s grant to the West African country will also utilize solar power technology.

Saudi passengers take the train on an internal trip in Riyadh's only railway station 19 September 2004. Only four passenger trains per day operate from the six-platform station and along the sole operating track in the vast desert kingdom. The trains carried around 900,000 passengers in 2003 between the capital -- home to some four million -- and the center of the oil-rich Eastern Province. The Saudi Railways Organization (SRO) believes that the existing service has improved immensely during the past three

Rail development to grow across GCC, with Saudi Arabia & UAE leading the charge

Afshin Molavi

PATRICK BAZ/AFP via Getty Images

US woman detained in Saudi Arabia released amid guardianship battle

US citizen Carly Morris has been released from a Saudi prison, but says she's still unable to leave the kingdom with her young daughter.

FAYEZ NURELDINE/AFP via Getty Images

Saudi crown prince launches electric car company

Crown Prince Mohammed bin Salman wants the oil-rich kingdom to focus more on green technology as he seeks to diversify the economy.

View

Saudi Arabia establishes open banking framework

Saudi Arabia wants to grow its fintech sector in line with its diversification plan, but finding the right talent could be a challenge.

Delegations attend the 46th ordinary session of the Council of Arab Central Banks and Monetary Authorities Governors, Jeddah, Saudi Arabia, Sept. 18, 2022.

Gulf banks raise interest rates in response to the Fed, Kuwait stays put

Saudi Arabia could be in store for a liquidity crunch, according to a leading credit rating agency. Kuwait has a history of not following the trend on interest rates.

Aramco exhibition section at the Misk Global Forum on innovation and technology held in the Saudi capital, Riyadh, on Nov. 13, 2019.

Saudi Aramco continues to reap big profits

The Saudi oil giant has been investing in futuristic technology as it benefits from high oil prices.

Senator calls for investigation into Saudi Twitter ownership

Saudi Prince Alwaleed is the second-largest stakeholder in Elon Musk's Twitter, which has earned him criticism from Sen. Murphy. But the prince’s investment in the company is not new.

Twitter

Saudi prince to retain stake in Twitter after Musk takeover

Prince Alwaleed previously criticized Elon Musk’s plan to buy the social media giant, but later changed his tune.