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Saudi Arabia

July 12, 2026

Riyadh 8:15 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

TO GO WITH AFP STORY BY PAUL HANDLEY Saudi former al-Qaeda Islamists play volleyball at a rehabilitation center for militants in Riyadh on April 15, 2009. Saudi Arabia set up the pioneering rehabilitation facility three years ago for returnees from the US prison at Guantanamo Bay in Cuba and for militants arrested inside the country. The care centre is Saudi Arabia's front line for ensuring that Al-Qaeda does not rear its head again, after a series of lethal domestic attacks between 2003 and 2006 forced Riy

Saudis hope to halt extremism with ‘terrorist rehab’

Saudis seek to modify the thoughts and behaviors of former members of terrorist organizations like al-Qaeda and the Islamic State via rehabilitation programs, but some worry it isn't working.

Egypt hopes new residency-for-deposits system will boost investments

Kamal Amer, the head of the Egyptian parliament's National Defense and Security Committee speaks to Al-Monitor about the residency-for-deposits system in Egypt and explains Egypt’s official stance toward the Red Sea islands of Tiran and Sanafir.

U.S. President Donald Trump delivers a speech during Arab-Islamic-American Summit in Riyadh, Saudi Arabia May 21, 2017. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAY - RTX36UI6

Russia remains unconcerned by Trump's anti-Iran rhetoric

US President Donald Trump tells the Saudis what they want to hear, but Russian experts don't expect him to renege on the Iran deal.

'Fake news' sparks real crisis in the Gulf

Controversial statements reported by Qatar's state news agency and later attributed to a hack have revealed deep tension among members of the Gulf Cooperation Council.

City council employees move flowers from the townhall in Albert Square to St Ann's Square in Manchester, Britain, May 24, 2017. REUTERS/Peter Nicholls - RTX37ERD

Iranian media ties Manchester bombing to Trump’s Saudi visit

Iranian media ties the deadly bombing in Manchester to the West’s relationship with Saudi Arabia.

Israeli Prime Minister Benjamin Netanyahu talks on a podium as U.S. President Donald Trump listens during a ceremony commemorating the six million Jews killed by the Nazis in the Holocaust, in the Hall of Remembrance at Yad Vashem Holocaust memorial in Jerusalem May 23, 2017. REUTERS/Jonathan Ernst - RTX376QY

How Trump's visit revamped US Mideast policy

The regional visit of US President Donald Trump revealed that he supports an anti-Iran coalition of Sunni countries and that he is determined to broker a deal between Israel and the Palestinians.

Can US-Sunni alliance lure Baghdad away from Tehran?

With US support, Sunni Arab countries in the Gulf hope to bring Iraq into their fold and away from Iran's powerful grasp.

Saudi Arabia's King Salman bin Abdulaziz Al Saud stands next to U.S. President Donald Trump during a reception ceremony in Riyadh, Saudi Arabia, May 20, 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. - RTX36OPM

Riyadh, not Trump, holds key to Israel-Palestinian peace

A peace agreement between Israel and the Palestinians could be born only out of direct negotiations between Israel and pragmatic Arab leaders, not out of a deal proposed by US President Donald Trump.

Saudi Arabia's King Salman bin Abdulaziz Al Saud welcomes U.S. President Donald Trump during a reception ceremony in Riyadh, Saudi Arabia, May 20, 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. - RTX36OPZ

Trump goes on Iran-bashing tour

Iran has replaced the Islamic State as Donald Trump’s boogeyman during his first trip abroad, to the delight of the Saudis and Israel.

U.S. President Donald Trump, flanked by Ivanka Trump and White House senior advisor Jared Kushner, delivers remarks to the Arab Islamic American Summit in Riyadh, Saudi Arabia May 21, 2017. REUTERS/Jonathan Ernst - RTX36VDD

7 perils of Trump's attempt to isolate Iran

President Donald Trump’s alignment of US foreign policy with that of Saudi Arabia will only serve to exacerbate tension and confrontation in the Middle East.

U.S. President Donald Trump (2nd L) and first lady Melania Trump (3rd L) stand with Israeli Prime Minister Benjamin Netanyahu (2nd R), his wife Sara (R) and Israel's President Reuven Rivlin (L) upon their arrival at Ben Gurion International Airport in Lod near Tel Aviv, Israel May 22, 2017. REUTERS/Amir Cohen - RTX36ZTW

Will Trump’s Middle East deal work?

Israeli Prime Minister Benjamin Netanyahu is all in favor of a regional alliance with pragmatic Sunni states, but he will do everything in his power to remove a deal with the Palestinians.

Saudis trumpet Trump

Saudi Arabia gives US President Donald Trump the fully rolled out red carpet treatment in hopes of getting heightened US action against Iran.