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Saudi Arabia

July 6, 2026

Riyadh 9:27 pm

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Oil tankers and cargo vessels are anchored off the coast of Oman after being stranded for days as congestion at Port Sultan Qaboos has prevented them from docking on June 23, 2026 in Muscat, Oman. The Strait of Hormuz, a vital shipping route for the region's oil and gas, was effectively blockaded since the outbreak of war between the United States and Iran in late February. This week's provisional peace deal between the countries was meant to reopen the waterway to shipping traffic, but the pace of that reo

Oil prices ease as OPEC+ increases production, Hormuz traffic rebounds

Brent crude, the international benchmark, fell 0.15% to $71.87 a barrel as of 8:07 a.m. EDT after dropping as low as $71.09 earlier in the session, its lowest level since before the US-Israel-Iran war began on Feb. 28.

A man walks past the flags of the countries attending the Gulf Cooperation Council summit at Bayan palace in Kuwait City on Dec. 5, 2017.

Analysis

How Iran war shaped divergent paths to security among GCC states

The Iran war left the Gulf more fragmented than united, with competing security strategies replacing any prospect of a common regional defense.

Sabena Siddiqui

By Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Oil drilling near Dakhiliyah in the desert region of Hasakah, Syria, Jan. 25, 2026.

Syria launches gas project with Saudi firm in latest Gulf energy partnership

The project is the latest in a series of Gulf-backed investments aimed at rebuilding Syria's energy sector after the ouster of President Bashar al-Assad in December 2024.

Crude oil tankers, bulk carriers and vessels sit anchored around Qaboos Port on June 22, 2026, in Muscat, Oman.

Oil falls below $71 as US-Iran talks continue, Gulf exports rebound

Qatar’s Foreign Ministry spokesperson said in an X post on Wednesday that Iran and the United States had made "positive progress."

Latest News

Explainer

Saudi FM concludes China visit amid Trump-MBS friction: What to know

China's Foreign Minister Wang Yi (R) shakes hands with Saudi Arabia's Foreign Minister Prince Faisal bin Farhan Al-Saud before a family photo for the attendees of a meeting of foreign ministers from Arab and Muslim-majority nations at the Diaoyutai State Guest House in Beijing on November 20, 2023. The international community must take urgent action to stop the "humanitarian disaster" unfolding in Gaza, Chinese Foreign Minister Wang Yi told visiting diplomats from Arab and Muslim-majority nations on Novembe

Saudi Arabia's FM heads to China amid differences with US on Iran war

PEDRO PARDO/AFP via Getty Images

Samuel Wendel

Senior Market Research Analyst

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

Iraq still committed to energy ties with Saudi Arabia, Gulf states despite Iran electricity deal

Iraq has signed an agreement with Iran to continue importing gas and electricity for two years.

Egyptians returning from the Gulf face uncertain economic future

While studies expect an economic catastrophe in Egypt due to the coronavirus-related recession of the Gulf economy and the resulting demobilization of thousands of Egyptians working abroad, some observers believe that the return of Egyptian workers will develop an efficient Egyptian labor market.

Saudi aid to Yemen will continue despite reports of Houthi interference

In an exclusive interview with Al-Monitor after the Yemen Donor Conference, Abdullah Al Rabeeah, supervisor general of the King Salman Humanitarian Aid and Relief Center, said he expects pledges to continue.

Can Saudi Arabia fix Yemen’s anti-Houthi coalition?

Following the breakdown of the Riyadh agreement, and renewed fighting in April, Saudi Arabia hosted the STC president to discuss the situation, but it remains doubtful the Gulf state can offer an easy solution if the war with the Houthis is not settled first.

U.S. Senator Bob Menendez (D-NJ) exits at the end of the day as the Trump impeachment trial continues in Washington, U.S., January 27, 2020. REUTERS/Brendan McDermid - RC2ROE9DKPT1

Intel: Trump administration pursues new Saudi arms deal despite investigation

The Donald Trump administration is doubling down with a new arms deal for Saudi Arabia despite an investigation into last year’s $8 billion emergency weapons sale to Riyadh, a key Senate Democrat revealed in a CNN op-ed Wednesday.

A Saudi Arabian Airlines passenger plane is pictured parked at the tarmac of Ninoy Aquino International airport in Pasay city, Metro Manila, Philippines September 20, 2016. REUTERS/Erik De Castro - S1BEUCJDTUAB

Saudi airlines to start domestic flights again

Saudi Arabia has been hit hard by the COVID-19 pandemic, but is continuing with plans to reopen despite a significant number of new infections daily.

A Houthi follower carries a mock missile as he shouts slogans during a demonstration against the United Nations in Sanaa, Yemen, July 5, 2015. Hundreds of supporters of the Iran-backed Houthi rebels took to the streets of the Yemeni capital on Sunday to protest against the United Nations and its alleged support of Yemen's exiled President Abd-Rabbu Mansour Hadi. REUTERS/Mohamed al-Sayaghi - GF10000149438

Missile strike on Yemeni military base kills 7, including top general’s son

The Saudi-backed Yemeni government blamed the attack, which killed the son and nephew of the military's chief of staff, on Houthi rebels.

The Committee to Protect Journalists and other press freedom activists hold a candlelight vigil in front of the Saudi Embassy to mark the anniversary of the killing of journalist Jamal Khashoggi at the kingdom's consulate in Istanbul, Wednesday evening in Washington, U.S., October 2, 2019. REUTERS/Sarah Silbiger - RC1156AFC4B0

Democrats prepare legislation forcing Trump to declassify report on Khashoggi murder

Democrats are drafting new legislation that would force the Donald Trump administration to declassify a report on Khashoggi’s murder, potentially implicating the crown prince.

A Saudi man wearing protective gloves buys vegetables at a supermarket, following the outbreak of the coronavirus disease (COVID-19), in Riyadh, Saudi Arabia May 11, 2020. REUTERS/Ahmed Yosri - RC2DMG9SBKB9

Saudi Arabia again easing anti-virus restrictions

The Gulf country is still recording more than 2,000 COVID-19 cases per day.

Khashoggi's son says family forgives killers

Those sentenced to death in Jamal Khashoggi's killing can now be reprieved, but criticisms remain of Saudi Arabia's involvement in the murder and its response.

A Saudi money exchanger wears a protective face mask and gloves as he counts Saudi riyal currency at a currency exchange shop in Riyadh, Saudi Arabia March 10, 2020. REUTERS/Ahmed Yosri - RC2ZGF9MUSEW

Saudi Arabia quarantines cash to prevent further coronavirus spread

Saudi Arabia will isolate coins and banknotes for up to 20 days in sealed containers.

Fuel prices are displayed at petrol station of French oil giant Total in Bordeaux, France, September 17, 2019. Picture taken September 17, 2019. REUTERS/Regis Duvignau - RC1E43667350

Global oil prices at highest since March following OPEC cuts

Oil prices have fallen significantly this year as a result of the coronavirus and the Saudi-Russia price war, but Brent crude has now risen past $36.