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

Saudi Arabia cover image

Saudi Arabia

July 7, 2026

Riyadh 11:26 pm

33°C

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

Saudi Arabia's Crown Prince Mohammed bin Salman meets with Algerian Prime Minister Ahmed Ouyahia in Algiers, Algeria December 2, 2018. Picture taken December 2, 2018. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. - RC11742D93D0

Nervous Riyadh anxious about Algiers

The Saudi Kingdom watches cautiously as Algerian protesters bring back the 2019 version of the Arab Spring to demand an open political system.

Interview

Qatar says divisions within GCC have become ‘lose-lose’ situation for the region

Qatari spokesperson says the split among the Gulf states compromises the security of the region and that thousands of families are already paying a price.

A general view of the Eastern Company SAE, which is engaged in manufacturing tobacco products, in Cairo, Egypt September 27, 2018. REUTERS/Amr Abdallah Dalsh - RC12D2E17460

Egypt’s Eastern Company listed 4.5% of shares on stock market

The Eastern Company’s public offering, which resulted in Saudi investors buying 25% of the listing worth $23 million, raises questions about illicit profits within the government.

Arab League Secretary General Ahmed Aboul Gheit (L) with Palestinian National Authority Minister of Foreign Affairs Riyad Al Maliki are seen after a meeting with Palestine President Mahmoud Abbas in Cairo, Egypt December 11, 2017. REUTERS/Mohamed Abd El Ghany - RC170C9BBE90

Abbas making rounds to drum up financial support

Steeped in debt, the Palestinian Authority is doggedly pursuing Arab support, among other options.

A Houthi security officer rides a motorbike during a funeral of people killed by an air strike last week in the northwestern province of Hajja, in Sanaa, Yemen March 14, 2019. REUTERS/Mohamed al-Sayaghi - RC1B7ACE3330

Four years on, Yemen war remains Saudi Arabia’s albatross

The Saudi-led war on Yemen has alienated the kingdom from the US Congress and media outlets, with potentially dangerous consequences for the long-term future of US-Saudi relations.

Saudi-Iran conflict threatens to flare in Pakistan

Recent Saudi investments in a Pakistani port near the border with Iran are likely to irk Tehran, but Islamabad’s strategic ties to both Tehran and Riyadh make it a prime contender to ease the tensions.

Andrew Gardner, Amnesty International's Turkey Strategy and Research Manager, places a symbolic street sign near the Saudi Arabia's Consulate during a demonstration to mark the 100th day of Saudi journalist Jamal Khashoggi's killing, in Istanbul, Turkey January 10, 2019. REUTERS/Murad Sezer - RC1D6C0210C0

Turkey tightens the screws on Saudi Arabia over Khashoggi murder

Interpol has issued “red notices,” on Ankara’s request, for a total of 20 Saudi citizens suspected of involvement in the killing of dissident Saudi journalist Jamal Khashoggi.

Some Palestinians worry Saudis reconciling with Israel

A Saudi prince recently visited Ramallah, raising concerns about Saudi normalization with Israel, as such visits require Israel's approval.

Senators Mike Lee (R-UT), Bernie Sanders (I-VT) and Chris Murphy (D-CT) speak after the senate voted on a resolution ending U.S. military support for the war in Yemen on Capitol Hill in Washington, U.S., December 13, 2018. REUTERS/Joshua Roberts - RC13D91DD370

Senate seeks to tie Trump’s hands on war powers with vote to end military role in Yemen

The vote to end US support for the Saudi coalition in Yemen deals another blow to Riyadh, but it’s also an effort by liberals to curtail the president’s war-making authority.

Iraqi officials stress need to boost Arab ties while balancing relations with Iran

Iraqi officials and their Arab counterparts at the 2019 Sulaimaniyah Forum called for turning toward other Arab states while balancing relations with Tehran.

Russia's foreign minister Sergei Lavrov is seen during a news conference with United Arab Emirates Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan in Abu Dhabi, UAE, March 6, 2019. REUTERS/Satish Kumar - RC19A7AA4720

How did Lavrov do on his Gulf tour?

During his tour of the Gulf, Russia's Foreign Minister Sergey Lavrov treaded carefully around politics, opting to speak publicly about a safer topic, economics.

TOPSHOT - Saudi Crown Prince Mohammed bin Salman arrives at the Future Investment Initiative FII conference in the Saudi capital Riyadh on October 24, 2018. - The summit, nicknamed "Davos in the desert", has been overshadowed by growing global outrage over the murder of a Saudi journalist inside the kingdom's consulate in Istanbul. (Photo by GIUSEPPE CACACE / AFP) (Photo credit should read GIUSEPPE CACACE/AFP/Getty Images)

Saudi investment fund hires US PR firm to create distance from crown prince

New York-based Karv Communications will be paid $120,000 a month to “create a clear distinction” between the $200 billion fund and its embattled chairman.