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Saudi Arabia launches tourism package visa serviceSaudi Arabia is piloting a new integrated travel package for inbound tourists. This service will combine visa, flight, and accommodation bo...
Saudi Arabia makes August crude oil cheaper for Asian buyersSaudi Arabia has significantly slashed its August Arab Light crude oil price for Asia, setting it at $1.50 a barrel below the Oman/Dubai av...
OPEC+ adjusts August production, reaffirms stability commitment; next meet August 2Seven OPEC+ nations, including Saudi Arabia and Russia, have agreed to a 188,000 barrels per day production adjustment starting August 2026...
Houthis kill 14 Yemen government troops in deadliest attack in yearsYemen's Houthi rebels launched a deadly assault south of Hodeidah, killing 14 government troops and injuring 23 in fierce fighting. The Ira...
OPEC+ tipped to raise quotas again as Middle East calmsSeven OPEC+ nations, including Saudi Arabia and Russia, are poised to increase oil production quotas for August, aiming to recover from dis...
June: 10 mbpd, May: 3 mbpd: Gulf oil exports up, but 40% below pre-war levelGulf oil exports surged past 10 million barrels daily in June, a significant jump from May, thanks to US military efforts securing the Stra...
Gulf carriers eye Boeing, Airbus jets as Air India weighs delaysGulf airlines like Etihad and Saudia are reportedly eyeing earlier aircraft delivery slots, potentially from Air India's deferred orders. T...
Citi sees brent crude sliding to $60/bbl as supply fears easeGeopolitical tensions easing around the Strait of Hormuz are expected to drive Brent crude prices down to $60 a barrel by year-end, accordi...
Oil Price Today (July 3): Crude oil heads for 4th weekly loss on Hormuz traffic, US-Iran talks. Where is liquid gold headed?Brent crude hovered near the $71-a-barrel mark after briefly dipping below that level in the previous session, while US benchmark West Texa...
Oil slide deepens as Saudi exports reach 90% of pre-war levelBrent futures slipped to near $70 a barrel in London, hitting their lowest since the week before the Iran war began on Feb 28. Saudi Arabia...
Iran's unsold oil piles up at sea as buyers stay waryIran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening ...
Saudi Arabia extends work permit compliance deadline for foreign workers until December 2026Saudi Arabia has granted a significant reprieve to foreign workers and their employers, extending the deadline to regularize work permit st...
India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
Surprisingly quick oil price retreat eases urgency for European Central Bank to act, sources sayEuropean Central Bank policymakers are less pressured to raise interest rates next month due to a swift drop in oil prices. While a hike is...
Money can't buy success in World Cup for gulf nations like Saudi Arabia and QatarGulf nations like Saudi Arabia and Qatar invested extensively in soccer and infrastructure, yet both faced disappointing exits from the Wor...
World Cup 2026: Saudi Arabia, Qatar exits show money can't buy successDespite ambitious spending and notable player acquisitions, Gulf countries like Saudi Arabia and Qatar experienced disappointing World Cup ...
FIFA: Money can't buy success in World Cup for gulf nations like Saudi Arabia and QatarGulf nations like Saudi Arabia and Qatar, despite significant investment in soccer and infrastructure, faced early exits from the World Cup...
Saudi Aramco resumes oil loading at Ras Tanura after four-month halt, data showsSaudi Aramco has restarted oil loading at its Ras Tanura terminal after a four-month pause, with two massive crude carriers seen taking on ...
1 km high, 167+ storeys: All about Jeddah Tower, the Saudi mega skyscraper set to surpass Burj KhalifaSaudi Arabia's Jeddah Tower has surpassed 100 floors, inching closer to its goal of becoming the world's tallest building at over 1,000 met...
30 India-bound ships cross Strait of Hormuz since Iran war began, 26 more await transitThirty ships bound for India have successfully navigated the Strait of Hormuz, a crucial route disrupted by recent geopolitical tensions. A...