Saudi Arabia has started reducing oil production as the near-blockage of the critical Strait of Hormuz starts filling up storage tanks, according to a person familiar with the matter.
The ordered departure of U.S. employees in the kingdom indicates that senior diplomats are bracing for a possible surge in violence in the war with Iran, officials say.
Key U.S. allies in the Persian Gulf have stepped up their criticism of Iran after facing a barrage of missiles and drone ...
By Yousef Saba DUBAI, Feb 27 (Reuters) - The shale revolution that made the United States the world's top oil producer is ...
Saudi Arabia is diverting millions of barrels of oil to its Red Sea ports, helping the world’s top crude exporter maintain supply to buyers globally as the Iran war fills up storage sites across the ...
The U.A.E. and Saudi Arabia were initially part of the same anti-Houthi alliance, as the Houthis were seen as a proxy for ...
Saudi Arabia could have some form of uranium enrichment within the kingdom under a proposed nuclear deal with the United States.
Saudi Arabia is attracting industry’s interest at the World Defense Show, with a continued push for the F-35, a proposed F-15 upgrade, and rumors about Kaan and JF-17. The modernization of Saudi ...
Shipping rates at ​Yanbu on Saudi ‌Arabia's western Red Sea coast ​more than ​doubled to $28 million per ⁠oil tanker ​as Aramco seeks ​to divert oil from the Strait ​of Hormuz ​to the Red Sea, ...
A U.S. entrepreneur and UK-based investor have launched Saudi Arabia’s first defense venture capital fund, Masna Ventures, with an initial funding target of $100 million. Credit: Alamy Stock Image ...
In August 2021, Rakan Alireza quit his corporate job to pursue a goal so audacious that no one else from his desert nation had ever attempted it. The 24-year-old began training to represent Saudi ...
Arabia’s Vision 2030 is driving economic growth, rising homeownership and record-low unemployment, as global sports investments reshape its role on the world stage.