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Saudi Arabia

July 13, 2026

Riyadh 8:39 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

Why is Hariri back in Lebanon?

There is much speculation about why Saad Hariri has returned to Lebanon, including that he plans to help elect a president so he can head a new Cabinet and save himself politically and economically.

Lebanon's Central Bank Governor Riad Salameh speaks during an interview with Reuters in Beirut, Lebanon November 3, 2015. It is essential that Lebanon's parliament meets soon to pass laws for development loans, debt issuance and banks, Salameh said on Tuesday, urging politicians to break political deadlock harming the economy. REUTERS/Mohamed Azakir - RTX1ULQ5

Will Gulf sanctions impact Lebanon’s banking sector?

Although the recent decisions by Gulf states to impose political and economic measures on Lebanon’s Hezbollah sparked concerns about the impact on the country’s economy, experts in the field say Lebanese banks will be able to overcome this phase.

Iranian Revolutionary Guard Commander Qassem Soleimani (L) stands at the frontline during offensive operations against Islamic State militants in the town of Tal Ksaiba in Salahuddin province March 8, 2015. Picture taken March 8, 2015. REUTERS/Stringer (IRAQ - Tags: CIVIL UNREST CONFLICT POLITICS) - RTR4TTZ2

Qasem Soleimani defends Hezbollah

In a rare speech, the head of Iran's Quds Force defended his country against accusations that it might be looking for trouble in the region.

How far will the Saudis go against Hezbollah?

With Saudi Arabia labeling Hezbollah a terrorist organization, a decision that was endorsed by the GCC, the kingdom hopes to legally pursue the Lebanese movement in international forums.

People walk at the site of a Saudi-led air strike in Yemen's capital Sanaa September 21, 2015. More than 4,500 Yemeni have been killed since the Saudi-led alliance began military operations in March, in what they said was an attempt to stop the Iranian-allied Houthi group from expanding in Yemen and to restore President Abd-Rabbu Mansour Hadi, who had been pushed into exile in Saudi Arabia. REUTERS/Khaled Abdullah - RTS253B

Will there be peace in Yemen?

Signs point to Saudi Arabia wanting out of its war in Yemen as Oman-mediated talks open with the Shiite Houthi rebels.

Palestinian Hamas militants stand guard during a rally in memory of their seven comrades, who were killed when a tunnel collapsed close to the Gaza Strip's eastern border with Israel, in the east of Gaza City January 31, 2016. REUTERS/Mohammed Salem - RTX24TSC

Hamas drags feet on choosing between Iran, Saudi Arabia

Since the Gulf Cooperation Council decided to label Hezbollah a terrorist organization, Hamas has remained silent and refrained from taking sides so as not to endanger its regional relations.

Hezbollah responds to GCC decision

In a speech following the GCC’s decision to label Hezbollah a terrorist organization, the movement’s leader, Sayyed Hassan Nasrallah, intensified his criticism of Saudi Arabia, indicating a readiness to go all the way in the confrontation.

EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on leaving the office to report, film or take pictures in Tehran.

Iranian naval ships take part in a naval parade on the last day of the Velayat-90 war game in the Sea of Oman near the Strait of Hormuz in southern Iran January 3, 2012. Iran will take action if a U.S. aircraft carrier which left the area because of Iranian naval exercises returns to the Gulf, the state news agency quoted army chief Ataollah Salehi as saying o

Six reasons Iran won’t join war in Yemen

Even if Iran considers Yemen as an opportunity to expand its influence, it views averting the crisis there at hand is more important than directly entering it.

Yaghoub Karimi of Iran (L) challenges Husain Al Moqahwi of Saudi Arabia during their WAFF Championship soccer match in Kuwait City December 9, 2012. REUTERS/Stringer (KUWAIT - Tags: SPORT SOCCER) - RTR3BEA1

Iran-Saudi tensions play out on soccer field

The ongoing conflict between Iran and Saudi Arabia is affecting the sports world as regional soccer associations struggle to satisfy both parties' location and security demands.

How much more can Yemen’s heritage sites take?

The ancient city of Sanaa in conflict-torn Yemen is at risk of complete destruction as its historical landmarks keep taking one blow after the other.

After terrorist label, what is GCC's next move against Hezbollah?

Iranian officials and media have condemned the decision by the Gulf Cooperation Council to label the Lebanese group Hezbollah a terrorist organization and believe more anti-Hezbollah actions are on the way.

Why canceled Arab League summit should worry Israelis

Morocco’s decision not to host the Arab League summit has unexpected implications for Israel.