ENERGY

A joint statement from Teheran and Muscat is under review and in the final drafting stage, according to Iran’s foreign ministry Published Thu, Aug 6, 2026 · 06:35 AM [LONDON] …

Saudi Arabia expects imminent coordinated attacks from the north and south by Iraqi militias and Yemen’s Houthis under the supervision of Iran’s Islamic Revolutionary Guard Corps (IRGC), a senior Saudi …

RIYADH: Saudi Arabia said on Thursday it had set up a maritime defence alliance to secure navigation around the strategic Bab al-Mandab Strait. The move comes after Yemen’s Iran-backed Houthis …

World oil prices jumped on Wednesday, with the benchmark international contract Brent North Sea crude surpassing US$95 for the first time in nearly six weeks as the United States and …

The US and Saudi Arabia are tightening their military coordination against Houthi rebels in Yemen. The development comes as Saudi air defenses recently intercepted a Houthi ballistic missile targeting southern …

RIYADH – In the early years of Saudi Arabia’s Vision 2030 reform program, the pitch to international investors was mostly theoretical: a young population, a government willing to spend, and …

(Reuters) – Saudi Arabia’s crude oil exports in March fell to 4.974 million barrels per day from 7.276 million bpd in Feb, official data showed on Wednesday. Monthly export figures …

OPEC+ will consider a larger-than-expected oil output increase on Sunday, two OPEC+ sources said after the U.S.-Israeli war on OPEC+ member Iran and Tehran’s retaliation led to shipment disruptions in …

Drone attacks targeted the Saudi capital Riyadh and surrounding areas early Saturday, raising fresh security concerns amid rising regional tensions and ongoing conflict in the Middle East. According to the …

RIYADH: Saudi Arabia is emerging as the Middle East’s leading force in electric vehicle adoption and manufacturing as governments across the region accelerate efforts to cut oil dependence, strengthen energy …