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

Saudi Arabia cover image

Saudi Arabia

July 13, 2026

Riyadh 2:09 pm

42°C

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

Is Iran prepared for more Saudi surprises?

The Iranian-Saudi rivalry has turned into a direct strategic conflict. With the crisis surrounding the attack on the Saudi Embassy in Tehran contained, it is unclear whether the next crisis can be managed.

Members from Hashid Shaabi hold portraits of lawmaker and paramilitary commander Hadi al-Amiri (C), Iran's Supreme Leader Ayatollah Ali Khamenei (R) and Iraq's top Shi'ite cleric Grand Ayatollah Ali al-Sistani (L) during a demonstration to show support for Yemen's Shi'ite Houthis and in protest of an air campaign in Yemen by a Saudi-led coalition, in Baghdad March 31, 2015. Saudi troops clashed with Yemeni Houthi fighters on Tuesday in the heaviest exchange of cross-border fire since the start of a Saudi-le

Are Shiites divided over what to do about Saudi Arabia?

Over the years, Supreme Leader Ayatollah Ali Khamenei of Iran and Grand Ayatollah Ali al-Sistani of Iraq have encouraged Shiites to take opposing approaches toward Sunnis, with ramifications for Saudi Arabia.

Khamenei condemns attack on Saudi Embassy

Iranian Supreme Leader Ayatollah Ali Khamenei calls the attack on the Saudi Embassy "very bad and wrong" and says thanking the United States for releasing Iranian funds would be like thanking a bully.

Firefighters attempt to extinguish a fire at a foodstuff storage facility destroyed by a Saudi-led air strike in Yemen's Red Sea port city of Houdieda January 6, 2016. REUTERS/Abduljabbar Zeyad - RTX2177D

How long can Saudi Arabia afford Yemen war?

The war in Yemen may prove just as dangerously costly for Saudi Arabia, where an economic downturn threatens its political system, as for Yemen, whose economy can only start to be revived when it ends.

Will Iran, Saudi Arabia patch things up?

Amid rising tensions following Saudi Arabia’s move to cut diplomatic relations with Iran, the question appears of whether the time has come for efforts to bridge the divide — or whether it’s too soon.

Sudan's President Omar al-Bashir waves to the crowd during his arrival from Saudi Arabia at Khartoum Airport after returning from vocal cord surgery in the kingdom November 14, 2012. REUTERS/Mohamed Nureldin Abdallah (SUDAN - Tags: POLITICS) - RTR3AEAX

Why Sudan wants to stop the 'spread of Shiism'

In the past year, Sudan has joined the Saudi-led war in Yemen, shut down Iranian centers and finally cut diplomatic relations with Iran, but has Khartoum really turned pro-Saudi — or just anti-Shiite?

Lebanon feels aftershocks of Saudi-Iran crisis

The current crisis between Saudi Arabia and Iran against the backdrop of the execution of Shiite Sheikh Nimr al-Nimr has already affected the strained relationship between Sunnis and Shiites in Lebanon, but will it reinforce Christian political ties?

Why Iran-Saudi fallout will be costly for Moscow

The dispute between Iran and Saudi Arabia could promote instability throughout the Middle East, which will be especially problematic for Russia and its policy of not choosing sides.

Smoke rises from Saudi Arabia's embassy during a demonstration in Tehran January 2, 2016. Iranian protesters stormed the Saudi Embassy in Tehran early on Sunday morning as Shi'ite Muslim Iran reacted with fury to Saudi Arabia's execution of a prominent Shi'ite cleric. REUTERS/TIMA/Mehdi Ghasemi/ISNA ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS IMAGE. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKE

After Saudi Embassy attack in Iran, top security officials fired

Iranian President Hassan Rouhani has made a point of holding top security officials responsible for allowing the attack on the Saudi Embassy.

United Nations Special Envoy for Syria, Staffan de Mistura leaves after a news conference on the latest developments in Syria at the United Nations European headquarters in Geneva, Switzerland, October 12, 2015. The U.N. diplomat trying to convene talks to end the war in Syria said he first hopes to get an understanding between Russia and the United States, which will each then form the core of one or more "contact groups" of interested countries supporting the talks. U.N. envoy Staffan de Mistura told a

Why Syria will pay for Iran-Saudi rift

Despite UN Special Envoy Staffan de Mistura's assurances to the contrary, the breakdown in ties between Iran and Saudi Arabia appears set to impact the fragile talks on Syria.

Could Iran-Saudi conflict provide Turkey 'graceful exit' from Syria?

Turkish reactions to the Jan. 2 execution of Saudi Shiite cleric Nimr al-Nimr are quite telling for the future of Ankara’s regional policy.

Oman's Sultan Qaboos bin Said (R) meets with Iran's President Hassan Rouhani in Muscat March 12, 2014. REUTERS/Sultan Al Hasani (OMAN - Tags: POLITICS ROYALS) - RTR3GQ5T

Oman, stuck between Saudi Arabia and Iran

With a long history as a regional mediator and close ties with both Riyadh and Tehran, will Oman be able to cool the recent Saudi-Iranian tensions following the execution of Shiite cleric Nimr al-Nimr?