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

Saudi Arabia cover image

Saudi Arabia

July 12, 2026

Riyadh 7:04 pm

38°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

A man stands outside Qatar Airways office in Riyadh, Saudi Arabia, June 5, 2017. REUTERS/Faisal Al Nasser - RTX392F7

Saudi-Qatar rift could benefit Israel

Israeli officials estimate that the Saudi-Qatar rift could strengthen the Israeli-Saudi alliance against regional Islamic terror.

A U.S. Air Force B-52 Stratofortress bomber arrives at Al Udeid Air Base, Qatar April 9, 2016. The U.S. Air Force deployed B-52 bombers to Qatar on Saturday to join the fight against Islamic State in Iraq and Syria, the first time they have been based in the Middle East since the end of the Gulf War in 1991. REUTERS/U.S. Air Force/Tech. Sgt. Terrica Y. Jones/Handout via Reuters THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. FOR ED

US urges dialogue to ease Qatar crisis

Diplomats hope mediation will cool diplomatic crisis between Qatar and its Gulf rivals.

An Iranian man walks past a Qatar Airways branch in the capital Tehran on June 6, 2017.
A ban on Qatari flights imposed by Saudi Arabia and its allies took effect as first efforts were made to resolve the biggest feud to hit the Arab world in years. Saudi Arabia and allies including Egypt, the United Arab Emirates and Bahrain cut diplomatic ties and transport links with Qatar on Monday, accusing the Gulf state of supporting extremism.
/ AFP PHOTO / ATTA KENARE (Photo credit should read ATTA KENARE/A

Iranians debate whether to take advantage of Qatar crisis

The crisis surrounding Qatar has caught the attention of Iranian media, with debate emerging about whether to take advantage of Doha’s isolation from its Arab neighbors.

The curious timing of the Qatar crisis

The latest Middle East crisis, the rift between Qatar and its Gulf Cooperation Council partners, has come at a sensitive time for the Gulf states.

Iran's Supreme Leader Ayatollah Ali Khamenei delivers a speech during a ceremony marking the death anniversary of the founder of the Islamic Republic Ayatollah Ruhollah Khomeini, in Tehran, Iran, June 4, 2017. TIMA via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. FOR EDITORIAL USE ONLY. - RTX38ZP3

Iran’s supreme leader attacks US for support of Saudi Arabia

Iranian Supreme Leader Ayatollah Ali Khamenei said that Iran must not compromise with Western demands.

U.S. President Donald Trump poses for a photo with Arab and Islamic countries' leaders during Arab-Islamic-American Summit in Riyadh, Saudi Arabia May 21, 2017. REUTERS/Jonathan Ernst - RTX36UH3

Saudi bloc splinters over hard line on Iran

Riyadh summit may have fueled sectarian animosities; Hamas resets its ties with Iran and Russia.

TOPSHOT - A Bahraini protester holds a placard depicting a portrait of Sheikh Ali Salman, head of the Shiite opposition movement al-Wefaq, during clashes with riot police following a protest against Salman's arrest in the village of Sitra, south of the capital Manama, on January 29, 2016. / AFP / MOHAMMED AL-SHAIKH (Photo credit should read MOHAMMED AL-SHAIKH/AFP/Getty Images)

Bahrainis' shrinking political space

The Bahraini government is sending a message about loyalty to its population by removing the organizations representing its Shiite and secular opposition from the political arena.

Israel silent on massive US-Saudi arms deal

Israel, which prides itself on being the world’s biggest enemy of terrorism, accepted with equanimity the massive US arms deal with Saudi Arabia.

U.S. President Donald Trump (4-L) speaks with Oman's Deputy Prime Minister Fahd bin Mahmoud Al-Said (3-L) during a family photo with Gulf Cooperation Council leaders at their summit in Riyadh, Saudi Arabia May 21, 2017. REUTERS/Jonathan Ernst - RTX36TI7

In wake of Trump visit, Saudi-led Sunni bloc already splintering

Less than two weeks after Trump's summit in Saudi Arabia, "Arab NATO" is showing signs of division due to fears of widening the regional political divide and doubts over Washington's reliability.

(Front R-L) Jordan's King Abdullah II, Saudi Arabia's King Salman bin Abdulaziz Al Saud, U.S. President Donald Trump, and Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan pose for a photo during Arab-Islamic-American Summit in Riyadh, Saudi Arabia May 21, 2017. REUTERS/Jonathan Ernst - RTX36UAJ

Trump visits Saudi Arabia, Kremlin shrugs

Russia may be keeping quiet publicly about Donald Trump’s relations with Saudi Arabia, but Trump’s recent trip to the kingdom raises some interesting questions for Moscow.

Saudi Arabia's King Salman bin Abdulaziz Al Saud (R) stands with Egypt's President Abdel Fattah al-Sisi during a welcoming ceremony in Riyadh, Saudi Arabia, April 23, 2017. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. FOR EDITORIAL USE ONLY. - RTS13IR3

Egypt-Saudi ties could be key to Trump’s Mideast 'ultimate deal'

Egypt's disputed transfer of the Tiran and Sanafir islands to Saudi Arabia may be one part of an overall peace deal involving Israel.

Iranian president Hassan Rouhani gestures during a news conference in Tehran, Iran, May 22, 2017. TIMA via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. FOR EDITORIAL USE ONLY. - RTX372F9

Iran questions US pivot back to region as Europe embraces Rouhani

While the United States is increasingly engaged in a war of words with Iran, the bigger story may be the impact Washington’s more hawkish line may have on Europe’s approach toward Tehran and the consequences of a suggested US pivot back to the Middle East not materializing.