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Saudi Arabia

July 12, 2026

Riyadh 1:45 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

Christian politician and FPM founder Michel Aoun (L) talks during a news conference 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 - RTX2PR3I

How Lebanon’s presidential problem turned into opportunity

Lebanon’s former Prime Minister Saad Hariri announced his support for former chief of the army and Hezbollah ally Gen. Michel Aoun as president, which may have been Hariri's last resort as his relationship with Saudi Arabia has been tense.

Egyptian lawyer and leftist opposition figure Khaled Ali (C) stands among people outside the State Council's building, Egypt's highest administrative court, in Cairo on June 26, 2016, after the court postponed to July 3 the hearing of the government's appeal against the decision to block the controversial handover of two uninhabited Red Sea islands to Saudi Arabia.
The deal over the islands of Tiran and Sanafir prompted some of the largest public protests in two years when it was signed in April. The countr

Will Cairo reverse decision to transfer islands to Riyadh?

As the Egyptian government defends in court its maritime border agreement with Saudi Arabia that transferred two Red Sea islands to Riyadh, a lawyer for the state provoked controversy after admitting the "islands are still Egyptian."

A view of a municipal board building after it was destroyed by Saudi-led air strikes in the northwestern city of Saada, Yemen, October 2, 2016. REUTERS/Naif Rahma TPX IMAGES OF THE DAY - RTSQEFL

Have Turkey's neo-Ottomans abandoned Yemen?

Turkish media ignores Yemen despite mounting civilian casualties, but hard-core Islamists and secular groups blame the neo-Ottoman government for being a pawn of Western and Saudi interests.

Smoke rises at a community hall where Saudi-led warplanes struck a funeral in Sanaa, the capital of Yemen, October 9, 2016. REUTERS/Khaled Abdullah TPX IMAGES OF THE DAY - RTSRFSR

Is US reconsidering its support for Saudi Arabia in Yemen war?

The recent missile attacks on US vessels off Yemen’s coast as well as the limited US response suggest that Washington may be disengaging from the war in Yemen and putting pressure on Saudi Arabia to follow suit.

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 - RTSOMWI

Has JASTA pushed Saudi Arabia and Israel closer?

Riyadh has become convinced more than ever that the closer it gets to Tel Aviv, which it believes has influence in US decision-making circles, the stronger and safer it will become in the face of JASTA.

Moroccan King Mohammed VI (L) meets with his Saudi counterpart, King Abdullah, at the former's palace in Bouskoura on the outskirts of Casablanca on September 11, 2012 AFP / PHOTO / AZZOUZ BOUKALLOUCH (Photo credit should read AZZOUZ BOUKALLOUCH/AFP/GettyImages)

Will warming ties with Iran impact Morocco’s relationship with Saudi Arabia?

Morocco announced the appointment of an ambassador to Tehran, ending a seven-year break in diplomatic ties. But concerns are emerging about the reaction of Saudi Arabia, an ally to the kingdom and enemy of Iran.

Iranian soldiers participate in military manoeuvres on the outskirts of the northeastern Iranian town of Torbat-E-Jam, near Mashhad, on November 17, 2015. Iran started military manoeuvres to respond to possible attacks by armed groups, such as the Islamic State (IS) group, a military commander said according to ISNA. AFP PHOTO / ISNA / HOSSEIN HOSSEINZADEH (Photo credit should read HOSSEIN HOSSEINZADEH/AFP/Getty Images)

Iran’s new challenge: The Islamic State in Persia?

Though Iran has announced that it has killed the Islamic State’s "emir" in the country, it continues to face serious security threats from a variety of militants.

(From L-R), Egypt's Foreign Minister Sameh Shoukry, Russia's Foreign Minister Sergei Lavrov, U.S. Secretary of State John Kerry, Saudi Arabia's Foreign Minister Adel al-Jubeir, Qatar's Foreign Minister Sheikh Mohammed bin Abdulrahman al-Thani, Iraq's Foreign Minister Ibrahim al-Jaafari, Iran's Foreign Minister Mohammad Javad Zarif, Staffan de Mistura, UN Special Envoy of the Secretary-General for Syria, Turkey's Foreign Affairs Minister Mevlut Cavusoglu, Jordan's Foreign Minister Nasser Judeh, speak togethe

Are Egyptian-Saudi disputes just a passing crisis or a decisive storm?

Egyptian-Saudi squabbles over Syria and Yemen have gone viral, and some worry that this will have a lasting negative effect on the relationship between Cairo and Riyadh.

Assistant Treasury Secretary for Terrorist Financing Daniel Glaser testifies before a Senate Foreign Relations Committee hearing on the situation in Ukraine on Capitol Hill in Washington on May 6, 2014. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/Getty Images)

US Treasury official praises Saudi cooperation against terror funding

Assistant Treasury Secretary Daniel Glaser says there has been substantial progress reducing funds amassed by the Islamic State, but warns that IS could seek external financing if it loses its "caliphate" in Iraq and Syria.

Smoke rises from the community hall where Saudi-led warplanes struck a funeral in Sanaa, the capital of Yemen on October 9, 2016. REUTERS/Khaled Abdullah/File Photo - RTSRJA4

Will Obama push for Yemen cease-fire?

The United States, which fired cruise missiles at rebel radar sites in Yemen on Oct. 13 after missiles were fired at a US warship, needs to push for an immediate cessation of hostilities in Yemen before things get even more out of hand.

Turkish Foreign Minister Mevlut Cavusoglu (R) and Iran's Foreign Minister Mohammad Javad Zarif shake hands following a joint press conference at the Foreign Ministry in Ankara on August 12, 2016. / AFP / ADEM ALTAN (Photo credit should read ADEM ALTAN/AFP/Getty Images)

Is Turkey ditching Saudi Arabia for Iran?

The recent string of high-level meetings between Iranian and Turkish officials suggests that the two regional powerhouses may be moving closer on Syria.

King Salman of Saudi Arabia (front L) is pictured with Iranian President Hassan Rouhani (front R) during a family photo session at the Organisation of Islamic Cooperation (OIC) Istanbul Summit in Istanbul, Turkey April 14, 2016. Picture taken April 14, 2016. REUTERS/Onur Coban/Pool - RTX2A4TB

Is Iran shifting its policy toward Saudi Arabia?

The increasingly tough rhetoric by the administration of President Hassan Rouhani toward Saudi Arabia may herald the beginning of a paradigm shift.