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Saudi Arabia

July 12, 2026

Riyadh 11:26 am

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A man crosses a street while returning home from work, in Dubai on June 23, 2026. (Photo by FADEL SENNA / AFP via Getty Images)

Analysis

Saudi-UAE payment blocks could imperil billions in trade: What to know

Delayed bank transfers from Saudi Arabia to accounts in the United Arab Emirates could suggest the rivalry between the region's largest economies is entering a new financial phase.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Canada's Mark Carney (L) and Saudi Arabia's Crown Prince Mohammed bin Salman (R) met on the heels of the NATO summit in Riyadh on July 9, 2026.

Analysis

Carney bets on Saudi Arabia to help reduce dependence on US: What to know

Canada is seeking to diversify away from the United States, with Saudi Arabia and other Gulf states offering key energy and industrial benefits.

Adam Lucente

By Adam Lucente

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

Igor IVANKO / AFP via Getty Images

How Iran war could impact oil markets in 2027

The International Energy Agency forecasts global oil supply will exceed demand by 4.62 million barrels per day in 2027.

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.

Latest News

Analysis

How Iran war shaped divergent paths to security among GCC states

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.

Sabena Siddiqui

By Sabena Siddiqui

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

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

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

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

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

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

Russian President Vladimir Putin (L) meets with Chechnya's leader Ramzan Kadyrov at the Kremlin in Moscow, Russia, March 25, 2016. REUTERS/Mikhail Klimentyev/Sputnik/Kremlin ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. - RTSC7SC

What is Chechnya's Kadyrov up to in Middle East?

Chechen leader Ramzan Kadyrov has recently been engaging leaders in the Middle East, but not just with Chechnya's interests in mind.

U.S. President elect Donald Trump walks up a staircase to depart the lobby of the New York Times building after a meeting in New York, U.S., November 22, 2016. REUTERS/Lucas Jackson - RTSSUCX

How Trump can deal with Iran-GCC conflict

Looking ahead, the election of Donald Trump can pave the way for the establishment of initiatives to jump-start a dialogue between Iran and the Gulf Cooperation Council.

A man walks past a house destroyed during recent fighting between pro-government fighters and Houthi fighters in the southwestern city of Taiz, Yemen November 26, 2016. REUTERS/Anees Mahyoub - RTSTDZM

Is Yemen falling into an abyss?

Yemen's brutal civil war must end soon before the damage becomes irreparable.

Men ride on a vehicle amidst dust after a strike on the rebel held besieged al-Shaar neighbourhood of Aleppo, Syria, November 26, 2016. REUTERS/Abdalrhman Ismail - RTSTFC7

Putin not waiting for Trump to press advantage in Syria

Russian president seeks gains in Syria in the final weeks of the Obama administration; Saudi Arabia encouraged by Trump’s take on Iran; Liberman as gatekeeper between Trump and Netanyahu.

U.S. President-elect Donald Trump gestures to the news media as he appears outside the main clubhouse at Trump National Golf Club in Bedminster, New Jersey, U.S., November 20, 2016. REUTERS/Mike Segar TPX IMAGES OF THE DAY - RTSSJJO

Saudi Arabia contemplates Trump

Saudi Arabia is pleased with strong talk from US President-elect Donald Trump, but also has worries about his positions on Syrian President Bashar al-Assad and on recognizing Jerusalem as Israel's capital.

Shi'ite Muslim pilgrims reach out to touch the tomb of Imam al-Abbas located inside the Imam al-Abbas shrine to mark Arbaeen, in the holy city of Kerbala, southwest of Baghdad, December 3, 2015. REUTERS/Ahmed al-Husseini TPX IMAGES OF THE DAY - RTX1X0XY

Are Shiites substituting Arbaeen for hajj?

Even though Arbaeen is attracting an increasing number of Shiite pilgrims, the annual pilgrimage is still overshadowed by the hajj in Saudi Arabia.

U.S. President-elect Donald Trump speaks at his election night rally in Manhattan, New York, U.S., November 9, 2016. REUTERS/Carlo Allegri TPX IMAGES OF THE DAY - RTX2SPX6

Trump win further distances US from GCC on Syria

The Gulf Cooperation Council anxiously awaits to see how US President-elect Donald Trump plans to deal with the uncertainties surrounding US Middle East policies.

Turkish Foreign Minister Mevlut Cavusoglu attends a meeting with Foreign Ministers of Gulf Cooperation Council (GCC) in Riyadh, Saudi Arabia, October 13, 2016. REUTERS/Faisal Al Nasser TPX IMAGES OF THE DAY - RTSS3HN

Does a UAE-Turkish rapprochement worry Egypt?

The UAE has grown closer to Turkey in the past month on policies related to Iran and Syria.

Iran's Foreign Minister Mohammad Javad Zarif (L) meets with Lebanese President Michel Aoun, upon his arrival to the presidential palace in Baabda, near Beirut, Lebanon November 7, 2016. REUTERS/Mohamed Azakir - RTX2SD04

Why Iranian-Saudi game in Lebanon is far from over

Iranian officials were quick to congratulate Michel Aoun on becoming president of Lebanon, while their Saudi rivals, not so pleased with his new position, took a little longer.

Egypt's President Abdel Fattah al-Sisi attends during signing of agreements ceremony with Sudanese President Omar Hassan al-Bashir (unseen) at the El-Thadiya presidential palace in Cairo, Egypt October 5, 2016. Picture taken October 5, 2016. REUTERS/Amr Abdallah Dalsh - RTX2Q29F

How a joke about Sisi’s fridge has strained Cairo-Riyadh ties

The careless slip of a Saudi tongue was enough to anger Egyptians and end the term of the Organization of Islamic Cooperation's secretary-general as Riyadh-Cairo relations deteriorate over regional alliances and halted oil shipments.

Newly elected Lebanese president Michel Aoun (C) sits with former prime minister Saad al-Hariri (R), who is expected to lead the new Lebanese government, and Parliament Speaker Nabih Berri (L) at the presidential palace in Baabda, near Beirut, Lebanon November 3, 2016. REUTERS/Mohamed Azakir - RTX2ROR8

What minefields await Lebanon's new president?

Michel Aoun was sworn in just a week ago, and he already faces a full agenda of crucial issues as Lebanon's president.

A woman carries a picture of Hezbollah leader Hassan Nasrallah during an event to celebrate Lebanese President Michel Aoun's presidency, at the presidential palace in Baabda, near Beirut, Lebanon November 6, 2016. REUTERS/Mohamed Azakir - RTX2S4L6

Saudi Arabia losing ground to Iran

Saudi influence in the region has been on the decline for a number of reasons, and the kingdom has now suffered another setback in Lebanon with the election of President Michel Aoun, an ally of Hezbollah.