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Saudi Arabia

July 12, 2026

Riyadh 1:25 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

People shout slogans as they hold Turkish and Qatari flags during a demonstration in favour of Qatar in central Istanbul, Turkey, late June 7, 2017. REUTERS/Murad Sezer - RTX39JA6

How Turkey fits into the Qatar puzzle

Turkey's military presence in Qatar seems to be complicating an already complex situation for the coalition that recently cut ties with Doha.

Qatari Crown Prince Sheikh Tamim bin Hamad bin Khalifa al-Thani (2ndR) and Turkish President Recep Tayyip Erdogan (2ndL), walk past a guard of honor during an official welcoming ceremony prior to their meeting at the presidential palace in Ankara, Turkey, on December 19, 2014. AFP PHOTO / ADEM ALTAN (Photo credit should read ADEM ALTAN/AFP/Getty Images)

The reason Erdogan champions press freedom abroad

Defending Al Jazeera’s right to report becomes a double-edged sword for Erdogan, who suffocates free media in Turkey and struggles to remain friends with Saudi Arabia.

WASHINGTON, DC - JUNE 27: U.S. Secretary of State Rex Tillerson shakes hands with Qatari Foreign Minister Sheikh Mohammed Bin Abdulrahman Al Thani prior to a scheduled meeting at the State Department June 27, 2017 in Washington, DC. Tillerson and Bin Abdulrahman Al Thani were expected to discuss a range of bilateral issues during their meeting. (Photo by Win McNamee/Getty Images)

Washington talks fail to secure breakthrough in Qatar crisis

Secretary of State Rex Tillerson has been huddling with Gulf diplomats all week, to no avail.

Saudi army artillery fire shells towards Houthi movement positions at the Saudi border with Yemen April 15, 2015. REUTERS/Stringer TPX IMAGES OF THE DAY - RTR4XHTX

Corker hold puts Saudi arms deal at risk

Congressional aides say the Senate Foreign Relations chairman’s threat to block arms sales to the Gulf until the Qatar crisis is resolved could have a wide-ranging impact.

French President Emmanuel Macron (R) and Russian President Vladimir Putin (L) give a joint press conference at the Chateau de Versailles before the opening of an exhibition marking 300 years of diplomatic ties between the two countries in Versailles, France, May 29, 2017. REUTERS/Philippe Wojazer TPX IMAGES OF THE DAY - RTX385T3

French shift on Syria could open doors in Russia

France’s newly elected president has indicated he is open to talks that could leave Syrian President Bashar al-Assad in power, bringing the country closer to Russia’s stance.

Russian President Vladimir Putin speaks over the phone with Turkish President Tayyip Erdogan while he inspects the work on the Turkish Stream gas pipeline project aboard the Pioneering Spirit pipeline-laying ship in the Black Sea near Anapa, Russia, June 23, 2017. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. - RTS18CTC

Moscow carefully assessing international energy scene

Russia’s long-term energy plan relies heavily on gas sectors in the Middle East and Eurasia as it struggles with low prices and sanctions.

Saudi foreign policy pushes Iran, Turkey closer

Saudi Arabia’s blockade of Qatar appears to open space for Iranian efforts to engage in regional diplomacy and cooperation.

U.S. President Donald Trump and Saudi Deputy Crown Prince and Minister of Defense Mohammed bin Salman meet at the White House in Washington, U.S., March 14, 2017. REUTERS/Kevin Lamarque - RTX30ZV3

Abbas looks to new Saudi crown prince for Mideast initiative

The Palestinians are hoping to engage Saudi Crown Prince Mohammed bin Salman to help in making their case to the Donald Trump administration.

Stakes high for Kuwait as mediator in Qatar crisis

Kuwait has established its neutrality in the Qatari crisis, but it has a lot at stake.

Turkish President Tayyip Erdogan (L) welcomes his Iranian counterpart Hassan Rouhani during the Organisation of Islamic Cooperation (OIC) Istanbul Summit in Istanbul, Turkey April 14, 2016. REUTERS/Berk Ozkan/Pool TPX IMAGES OF THE DAY - RTX29X07

Saudi-led Qatar blockade brings Iran, Turkey together

Rather than forcing Doha to bow to its demands, the Saudi-led blockade of Qatar has split the region in two, bringing together the kingdom’s rivals.

Iranian president Hassan Rouhani takes part in a rally marking al-Quds (Jerusalem) Day in Tehran on June 23, 2017.
Chants against the Saudi royal family and the Islamic State group mingled with the traditional cries of "Death to Israel" and "Death to America" at Jerusalem Day rallies across Iran today.
/ AFP PHOTO / Stringer (Photo credit should read STRINGER/AFP/Getty Images)

With Qatar isolated by GCC, Iran steps in

After Saudi Arabia asked Qatar to cut relations with Iran, Iranian and Qatari leaders said they plan to expand ties.

Forces loyal to Syria's President Bashar al-Assad take positions in the Badia, in the southeast Syrian desert, in this handout picture provided by SANA on June 13, 2017, Syria. SANA/Handout via REUTERS 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. - RTS16TU2

Iran draws line in the sand in Syrian desert

Iran stakes claim in eastern Syria; Saudi move against Hamas; Qatar risks confrontation in the Gaza Strip.