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Saudi Arabia

November 5, 2026

Riyadh 3:52 pm

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Aramco begins expansion of oil export route bypassing Hormuz

The kingdom plans to expand the East-West Pipeline’s capacity to carry crude to as much as 10 million barrels per day.

Latest News

Oil tops $114 as traders brace for Iran escalation after US midterms

Traders work on the floor of the New York Stock Exchange at the opening bell, New York City, Sept. 28, 2026.

Russian satellite data helped Yemen’s Houthis target Saudi Arabia: What to know

Security forces stand guard in front of a banner showing the Kaaba during a protest by supporters of the Houthi authorities against the Saudi intervention in Yemen and against Saudi Arabia's recent accusation that the Houthis fired at the holy city of Mecca, in Sanaa on Sept. 18, 2026.

Analysis

How wartime urgency pushed Iran to court Saudi Arabia, Turkey, Pakistan

A woman walks past a mural bearing the Iranian national flag

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Saudi oil infrastructure in crosshairs as Houthis claim Ras Tanura strike

BILAL QABALAN/AFP via Getty Images

Samuel Wendel

Senior Analyst, Middle East Business & Tech

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

FAYEZ NURELDINE/AFP via Getty Images

Saudi stocks hit 2026 high, bucking global war-driven volatility

The kingdom's stock market climbed to its highest level of the year on Wednesday, with the kingdom’s equities now far outperforming the S&P 500 and other global and regional indices.

A man walks through the atrium during the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 14, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

IMF slashes Mideast outlook by nearly 3 points as Iran war hits economies

The International Monetary Fund cut gross domestic product forecasts for the Middle East and North Africa, with the fallout from the conflict exposing stark divergences between the region’s energy exporters and importers.

A photograph shows the damage in the aftermath of a drone strike in the Seef district of Manama on March 10, 2026.

Bahrain, Saudi Arabia summon Iraqi diplomats over militia attacks: What to know

The United States and Kuwait have likewise criticized Iraq over actions tied to Iran-backed armed groups in the country.

Firefighters attempt to extinguish a fire following an Israeli strike at the Corniche al-Mazraa neighbourhood of Beirut on April 8, 2026.

Iran hits Gulf, threatens truce as Israel escalates in Lebanon: What to know

Iranian attacks continued in the United Arab Emirates, Saudi Arabia and Kuwait hours after a ceasefire between Iran and the US was announced.

picture of Qatar Energy's operating facilities on March 3, 2026, in Ras Laffan Industrial City, Qatar.

Analysis

How fast can Gulf energy production rebound after US-Iran ceasefire?

The truce could pave the way for lost oil and LNG supplies to flow back to global markets, but restoring Gulf energy production to normal levels could take months, if not longer.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

The Dubai skyline with the landmark Burj Khalifa skyscraper (R) is pictured as a smoke plume rises from an ongoing fire near Dubai International Airport on March 16, 2026. Flights were gradually resuming at Dubai airport on March 16, previously the world's busiest for international flights, the airport operator said, after a "drone-related incident" sparked a fuel tank fire nearby, as Iran kept up its Gulf attacks. (Photo by AFP via Getty Images) /

Gulf nations in line of fire brace for Iran escalation: What to know

A bridge linking Saudi Arabia to Bahrain was briefly closed as Iran escalates its attacks in the Gulf ahead of a looming US deadline to reopen the Strait of Hormuz.

United Arab Emirates

AirAsia aircraft with two engines landing on Kota Kinabalu International airport runway, Kota Kinabalu Sabah, Malaysia, March 4, 2017.

AirAsia stays course on Bahrain hub as Iran war clouds aviation growth plans

The low-cost carrier’s commitment, while conditional on how the conflict evolves, stands out as most global airlines scale back routes, delay launches and reroute flights to avoid the Middle East.

A police speed boat patrols the port as oil tankers and high speed crafts sit anchored at Muscat Anchorage near the Strait of Hormuz on March 30, 2026 in Muscat, Oman.

Analysis

Hostage to Hormuz, can Gulf rewire future energy flows to bypass Iran’s chokepoint?

As the US-Israel-Iran war disrupts around 20% of global oil supply, experts point to opportunities and challenges facing a renewed push to develop alternatives to the Strait of Hormuz.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech