Persian Gulf countries change their stance towards Russia
In recent years, the foreign policy of two Gulf states — Saudi Arabia and UAE – has been witness to significant changes
Saudi Arabia
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U.S. asks Saudi Arabia to postpone OPEC decision
The Biden administration asked Saudi Arabia, the de-facto leader of oil producer group OPEC, to delay its decision on oil output by a month, the kingdom said in a statement. The Saudis declined, and in early October OPEC+ announced its …
Saudi Arabia: OPEC+ decision to cut oil output was not political
Saudi Arabia’s ties with the United States are strategic and have supported the security and stability of the Middle East, the top Saudi diplomat Faisal bin Farhan said, defending the recent decision by OPEC+ to cut oil output, according to …
Biden open to re-evaluating Saudi relationship
U.S. President Joe Biden pledged "there will be consequences" for U.S. relations with Saudi Arabia after OPEC+ announced last week that it would cut its oil production target over U.S. objections. John Kirby, the White House …
Biden re-evaluating U.S. relationship with Saudis after OPEC+ decision
U.S. President Joe Biden is re-evaluating the U.S. relationship with Saudi Arabia after OPEC+ announced last week that it would cut oil production, White House national security spokesman John Kirby said on Tuesday. "I think the …
U.S. lawmakers propose banning arms to Saudi Arabia
A pair of Democratic lawmakers is proposing the U.S. halt arms sales to Saudi Arabia in response to oil production cuts from the Organization of the Petroleum Exporting Countries (OPEC). Rep. Ro Khanna and Sen. …
Why Saudi Arabia rebuffed Biden’s pleas for more oil
The US has accused Saudi Arabia of siding with Russia after it led OPEC+ in a shock decision to slash crude output, keeping oil prices high at a time of global concern about inflation. The world’s largest oil exporter insists the decision …
Saudi Arabia lowers oil prices for Europe
Saudi Arabia is raising oil prices for the US market again, while lowering them for Europe and leaving them largely unchanged for Asia. November shipments of Arab Light crude to Asia from state-run producer Saudi Aramco will remain …
Riyadh and Moscow ready to announce oil production cuts during OPEC+ meeting
Saudi Arabia, Russia and other oil-producing nations are ready to announce deep oil cuts during Wednesday’s OPEC+ meeting in Vienna, the Financial Times reported citing own sources. According to the paper, Saudi Arabia seeks to …
Saudi Arabia to host energy leaders and sportsmen from all over the world
Saudi Arabia will be the first country in the Middle East to host the Asian games
Ilham Aliyev receives Saudi Arabia Foreign Minister
President of the Republic of Azerbaijan Ilham Aliyev has received Minister of Foreign Affairs of the Kingdom of Saudi Arabia Faisal bin Farhan Al Saud. …
These Middle East states are ordering a lot of advanced fighter jets
States across the Middle East are ordering large numbers of the best 4.5-generation fighter jets the United States and Europe have on the market. Recent orders unequivocally demonstrate how the proliferation of advanced weaponry into that …
China’s fossil fuel imports from Russia are soaring
Imports of Russian oil totalled 8.342 million tonnes, up 28% Y/Y, the equivalent of 1.96 million barrels per day
Saudi Arabia closes with Oman
The volume of Saudi imports from Oman in 2022 amounted to about SR7.2 billion
Saudi musicians to write coffee symphony
Saudi Arabia’s Ministry of Culture announced that it would run a competition called “Maazoufat Al-Qahwa Al-Saoudiyya” (Saudi Coffee Symphony), as part of the “Year of Saudi Coffee” activities
Saudi Arabia lowering oil prices for Asia - report
Saudi Arabia cut oil prices for customers in Asia as coronavirus lockdowns and sagging economies cool energy demand in the two regions. State-controlled Saudi Aramco lowered its key Arab Light grade for October’s …
Saudi low-cost carrier launches direct flights between Jeddah and Tashkent
Saudi Arabia’s low-cost airline flynas has launched direct flights between Jeddah and Uzbek capital Tashkent, reads a statement. Two direct weekly flights will start from Sept. 15. The flights began following the signing of a …
Saudi businessmen to visit Azerbaijan's liberated territories
A preliminary agreement was reached on the visit of a number of Saudi Arabian companies and businessmen to the liberated territories by the end of this year. The preliminary agreement was reached during the meeting between …
How will Iran’s return to oil markets impact prices
The United States and Iran are in the final stages of agreeing on a new nuclear deal that could see the return of Iranian crude on international markets, which some analysts say would result in downward pressure on oil prices–an …
Saudi Arabia to invest $1bln in Pakistan
Saudi Arabia announced that it will invest $1 billion in Pakistan to help the country with its current economic difficulties. The Saudi Foreign Ministry said in a statement that King Salman bin Abdulaziz has issued investment orders to …
