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Saudi Arabia

July 13, 2026

Riyadh 1:51 am

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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

Why GCC has been silent on Trump's 'Muslim ban'

Gulf states have failed to criticize the Trump administration for its recent "Muslim ban" in an attempt to keep the new US administration on their side in light of the economic and security challenge the Gulf region faces.

Saudi King Salman bin Abdulaziz (R) welcomes Sudanese President Omar al-Bashir at King Khalid International airport in Riyadh, on November 10, 2015. Arab leaders and top officials from South America are converging on Saudi Arabia for a summit aiming to strengthen ties between the geographically distant but economically powerful regions. AFP PHOTO / FAYEZ NURELDINE (Photo credit should read FAYEZ NURELDINE/AFP/Getty Images)

Is a bromance brewing between Sudan, the Saudis?

Egypt gets the cold shoulder while Saudi Arabia helps get some US sanctions lifted from Sudan, and Khartoum remains committed to the Saudi-led coalition fighting in Yemen.

FILE PHOTO: Israeli Prime Minister Benjamin Netanyahu (R) stands next to Republican U.S. presidential candidate Donald Trump during their meeting in New York, September 25, 2016. Kobi Gideon/Government Press Office (GPO)/Handout via REUTERS/File Photo ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. FOR EDITORIAL USE ONLY. - RTX2YZB7

Former US envoy: Syria may be central to Trump-Netanyahu meeting

US President Donald Trump has hinted at creating safe zones in Syria in a draft executive order and in conversations with the Saudi king, while the former US ambassador to Israel says Syria will likely be a "central topic" in Trump’s upcoming meeting with Israeli Prime Minister Benjamin Netanyahu.

U.S. President Donald Trump gives a thumbs-up to reporters as he waits to speak by phone with the Saudi Arabia's King Salman in the Oval Office at the White House in Washington, U.S. January 29, 2017. REUTERS/Jonathan Ernst - RTSXXW0

Saudis hopeful but wary about Trump

Saudi Arabia is hopeful in regard to the Trump administration's views on Iran and closer counterterrorism and military cooperation, but remains wary on other policy issues.

Saudi King Salman bin Abdulaziz (R) welcomes his Jordanian counterpart, King Abdullah II, at King Khalid International airport in Riyadh, on November 10, 2015. Arab leaders and top officials from South America are converging on Saudi Arabia for a summit aiming to strengthen ties between the geographically distant but economically powerful regions. AFP PHOTO / FAYEZ NURELDINE (Photo credit should read FAYEZ NURELDINE/AFP/Getty Images)

Have GCC countries turned their backs on Jordan?

Despite reform efforts, the Jordanian economy continues to underperform, and foreign assistance to fill in gaps and counter this trend is growing scarce.

U.S. President Donald Trump signs an executive order to impose tighter vetting of travelers entering the United States, at the Pentagon in Washington, U.S., January 27, 2017. The executive order signed by Trump imposes a four-month travel ban on refugees entering the United States and a 90-day hold on travelers from Syria, Iran and five other Muslim-majority countries. Picture taken January 27, 2017. REUTERS/Carlos Barria - RTSXWM6

Trump’s Middle East fans get caught up in global blowback

Political leaders from Israel to Saudi Arabia are quickly finding out that siding with Trump comes at a price.

Gulf of mistrust mars Kuwaiti initiative for Iran-GCC dialogue

Despite Kuwait’s reported initiative to resolve tension between Iran and the Gulf Cooperation Council, it appears that the two sides are not yet ready to address the deeper causes of conflict and tension.

Incoming Trump administration cabinet secretary nominees including Secretary of State nominee Rex Tillerson (L-R), Central Intelligence Agency (CIA) Director nominee Mike Pompeo and Defense Secretary nominee James Mattis arrive for meetings at the Eisenhower Executive Office Building at the White House in Washington, U.S. January 13, 2017. REUTERS/Jonathan Ernst - RTX2YUEZ

How will Trump’s anti-Muslim Brotherhood inner circle view Qatar?

While Qatar’s support for groups such as Hamas has caused tense ties with the United States in the past, Donald Trump’s presidency could create even more challenges for Qatar.

Saudi King Salman (R) meets Turkish Foreign Minister Mevlut Cavusoglu and Turkish Economy Minister Nihat Zeybekci (L) in Riyadh, Saudi Arabia October 13, 2016. Saudi Press Agency/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. FOR EDITORIAL USE ONLY. NO RESALES. NO ARCHIVE. - RTSS3FP

Is Gulf money really a lifesaver for Turkish economy?

Despite assertions of impending major Gulf investment in Turkey, Europe continues to provide the bulk of external funds in the country

King Salman of Saudi Arabia (front L) is pictured with Iranian President Hassan Rouhani (front R) during a family photo session at the Organisation of Islamic Cooperation (OIC) Istanbul Summit in Istanbul, Turkey April 14, 2016. Picture taken April 14, 2016. REUTERS/Onur Coban/Pool - RTX2A4TB

Are Iran, Saudi Arabia about to reconcile?

News has surfaced of Saudi King Salman having sent condolences after the death of former Iranian President Ali Akbar Hashemi Rafsanjani, as Kuwait’s foreign minister visits Tehran to reportedly deliver a message from the Gulf Cooperation Council.

Iranian Foreign Minister Mohammad Javad Zarif (L) speaks during a news conference with Iraqi Foreign Minister Ibrahim al-Jaafari in Baghdad, July 27, 2015. REUTERS/Ahmed Saad - RTX1M0DA

Will Iraq succeed in bringing Iran, Saudi Arabia closer?

Iraq has been stepping up its mediation efforts to achieve a Saudi-Iranian reconciliation amid a conducive political and economic environment.

EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on their ability to film or take pictures in Tehran.†

Akbar Hashemi Rafsanjani, Chairman of the Assembly of Experts, delivers the opening speech during the biannual meeting of the assembly in Tehran September 22, 2009. REUTERS/Caren Firouz (IRAN POLITICS) - RTR284SA

Will Rafsanjani’s death draw Iran, Egypt farther apart?

As Egypt paid its condolences to the death of former Iranian President Ayatollah Ali Akbar Hashemi Rafsanjani, many observers do not expect Rafsanjani's death to affect the rapprochement attempts between both countries.