Saudi Arabia

Middle East crude exports hit their highest level since the Iran war began, led by a rebound in Saudi shipments through the Strait of Hormuz.

Australia’s energy minister will visit Saudi Arabia next week over fuel security fears, as the escalating Middle East conflict threatens global oil supply.

Gulf states called off a planned meeting with Iran as Yemen’s Houthis struck a Saudi airbase, sending oil prices higher amid a widening Middle East war.

Oil rose more than 3 percent after new Houthi strikes on Saudi Arabia and Gulf tanker attacks deepened fears over a shut Saudi pipeline.

OPEC+ faces a tough decision on easing production cuts as non-OPEC oil growth, especially from the U.S., complicates the group’s strategy

Gulf nations lobby the U.S. to restrain Israel from attacking Iran’s oil infrastructure, fearing retaliation on their own vital facilities.

Saudi Arabia is contemplating a multi-billion dollar share sale of oil giant Aramco as early as June. This potential deal could raise around $10 billion and be a significant step …

Saudi Aramco is maintaining its $31 billion dividend payout despite a decline in profits. This decision highlights the challenges and opportunities for the kingdom’s economic diversification plans, which include potential …

Saudi Arabia achieves a significant milestone as non-oil revenue reaches 50% of its Gross Domestic Product (GDP), marking a pivotal shift in the kingdom’s economic landscape. This remarkable development underscores …

Saudi Arabia’s oil giant Aramco announced a 30% increase in its dividend payout for 2023, despite a sharp drop in its net profit due to lower oil prices and volumes. …