US President Donald Trump (C-R) speaks during a bilateral meeting with Crown Prince and Prime Minister Mohammed bin Salman of Saudi Arabia (C-L) in the Oval Office of the White House on November 18, ...
WSJ’s Shelby Holliday examines the U.S. strategy to move ships out of the Strait of Hormuz and the difficulty of reopening the waterway. Photo: Amirhossein Khorgooei/ISNA/AFP/Getty Images Saudi Arabia ...
May 7 (Reuters) - Saudi Arabia and Kuwait have lifted ‌restrictions on the U.S. military’s use of their bases and ⁠airspace that were imposed after the launch of a U.S. operation to reopen the Strait ...
Riyadh told White House it would deny access for operation to provide tankers military escort through strait of Hormuz Middle East crisis – live updates A refusal by Saudi Arabia to allow the US to ...
Saudi Arabia has posted a sharp rise in its budget deficit amid declining oil revenues due to the effective closure of the Strait of Hormuz. The kingdom’s budget shortfall widened to 125.7 billion ...
Officials say competition between the countries is healthy. But tensions are mounting over energy quotas, regional conflicts and their different visions for the Middle East. By Ismaeel Naar Reporting ...
The United Arab Emirates is leaving OPEC to pump more oil on its own terms. The break strips Saudi Arabia of a key partner and adds to growing uncertainty over the cartel's future. OPEC, the global ...
Defection is damaging to Saudi Arabia’s prestige – and could strengthen the US hand in the region The United Arab Emirates’ decision to walk out of Opec is a political as much as business decision, ...
The UAE's exit from OPEC will undermine the cartel's ability to influence the oil market. This is because the UAE is second only to Saudi Arabia when it comes to spare production capacity, a crucial ...
Summit to address Iranian attacks on GCC states, official says GCC energy and civilian infrastructure damaged Attacks eased after April 8 ceasefire UAE has criticised GCC's response as weak April 28 ...
Gulf leaders have gathered in Saudi Arabia to discuss a regional crisis triggered by the United States-Israel war on Iran, their first in-person meeting since the outbreak of the conflict two months ...
BEIRUT — The United Arab Emirates announced Tuesday that it would exit the Organization of the Petroleum Exporting Countries, or OPEC, along with the wider group of partners known as OPEC+, effective ...