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Saudi Arabia

July 12, 2026

Riyadh 12:42 pm

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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

Palestinian President Mahmoud Abbas (R) meets Saudi Arabia's Prince Waleed bin Talal in the West Bank city of Ramallah March 4, 2014. REUTERS/Mohamad Torokman (WEST BANK - Tags: POLITICS) - RTR3G0U4

Why did Saudi Arabia halt its aid to Palestinian Authority?

The Palestinian government announced recently that Saudi Arabia has not been paying its monthly aid to the Palestinian Authority since April, which will negatively affect the economy.

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 - RTX1J485

What recent Houthi moves in Red Sea mean for Israel

Houthi assaults against US and UAE vessels should indicate to Israel that control of Red Sea waters might be at stake.

Lebanese Hezbollah supporters carry a replica of Hezbollah emblem during a religious procession to mark Ashura in Beirut's southern suburbs, Lebanon October 12, 2016. REUTERS/Aziz Taher - RTSRWQ6

Tensions flare between Hezbollah, Gulf states

Analysts say Hezbollah has made a sharp pivot toward confrontation with Gulf states, in part as a result of its alliance with Iran.

Protesters and family members of 9/11 victims protest in front of the White House regarding President Barack Obama's threatened veto of the Justice Against Sponsors of Terrorism Act (JASTA) in Washington, U.S., September 20, 2016. REUTERS/Gary Cameron - RTSOMWN

Saudis turn to US states in bid to repeal 9/11 bill

Riyadh’s latest lobbying push aims to enroll state governors.

Republican U.S. presidential nominee Donald Trump and Democratic U.S. presidential nominee Hillary Clinton finish their third and final 2016 presidential campaign debate at UNLV in Las Vegas, Nevada, U.S., October 19, 2016. REUTERS/Mike Blake TPX IMAGES OF THE DAY - RTX2PMHB

Arabs seek new partnership with next US president

A new poll shows widespread distrust but reliance on the United States.

Newly elected Lebanese President Michel Aoun reviews the honour guards upon arrival to the presidential palace in Baabda, near Beirut, Lebanon October 31, 2016. REUTERS/Aziz Taher - RTX2R7BA

Iranian politicians hail election of Lebanon’s new president

Iranian politicians across the political spectrum have hailed the election of Michel Aoun as Lebanon’s new president.

Houthi followers watch as their leader Abdul-Malik al-Houthi delivers a speech during a rally commemorating the death of Imam Zaid bin Ali in Sanaa, Yemen October 26, 2016. REUTERS/Khaled Abdullah - RTX2QLC8

Is Yemen headed for partition?

An open-ended cease-fire is needed for Yemen, but a de facto partition of the country is more likely.

A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi/File Photo - RTX2OBC0

Why OPEC still can’t get Iran to cut oil production

Despite the agreement in principle on output cuts at its September meeting in Algeria, OPEC still has a long way to go in getting Iran to stop its drive to regain market share.

Christian politician and FPM founder Michel Aoun (L) walks next to Lebanon's former prime minister Saad al-Hariri after he said he will back Aoun to become president in Beirut, Lebanon October 20, 2016. REUTERS/Mohamed Azakir TPX IMAGES OF THE DAY - RTX2PSCO

Hariri reverses political slide by backing Aoun presidency

Saad Hariri’s success as prime minister will depend on new compact with Michel Aoun and Hezbollah, less so on Saudi Arabia; Al-Monitor breaks news of Russian draft plan for Syrian Kurdish autonomy; United States seeks ground force to isolate Raqqa.

A member from the Iraqi security forces stands guard at a checkpoint during a patrol at the border between Iraq and Saudi Arabia, February 17, 2016. Picture taken February 17, 2016. REUTERS/Alaa Al-Marjani - RTX27OUC

Execution of Saudi prisoners widens gap between Baghdad, Riyadh

Iraq has executed three Saudi prisoners and nine others are on death row, raising the objections of Saudi Arabia that wants Baghdad to transfer the prisoners to the kingdom.

Saudi warships are seen during “Gulf Shield 1” exercise by members of Royal Saudi Navy, east of Saudi Arabia, October 9, 2016. REUTERS/Faisal Al Nasser - RTSRHDY

Iran unfazed by Saudi flexing in Persian Gulf

Saudi Arabia's large-scale military exercises may be cause for some concern in Iran, but Saudi capabilities in the Persian Gulf can't compare to those of Iran's Islamic Revolutionary Guard Corps.

Flames emerge from a pipeline at the oil fields in Basra, southeast of Baghdad, Iraq October 14, 2016. REUTERS/Essam Al-Sudani - RTSS8IG

How oil is bringing Iraq, Egypt closer

Iraq is planning to supply Egypt with a million barrels of oil as both countries face a deteriorating relationship with Saudi Arabia.