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SAUDI ENERGY INFRASTRUCTURE
Saudi Aramco Q3 profit jumps 34.5% to $36.25 billion despite ongoing US-Iran conflictSaudi Aramco reported a 34.5% year-on-year rise in third-quarter net profit to $36.25 billion, beating analyst estimates. Higher oil prices...- Oil slips more than 1% as talks continue on ending Iran warOil prices witnessed a decline of more than 1% as Iranian and Qatari diplomats engaged in discussions regarding the US-Israeli conflict. Br...
- Charting the global economy: Central banks hold rates steadyGlobal central banks have opted to keep interest rates unchanged amidst growing inflation worries stemming from energy costs. While the Fed...
- Saudi-led coalition says it destroyed drone fired by Yemen's Houthis over MeccaThe Saudi-led coalition said it intercepted and destroyed a drone launched by Yemen's Houthi rebels in the Mecca region on Friday. The inci...
- Adani Ports makes $3.3 billion play for Evos TerminalsAdani Ports has submitted a binding $3.3 billion bid for Evos Terminals, a European liquid-storage operator with eight terminals across fiv...
- US warns allies to prepare for possible Iran strikes, retaliation after elections, sources sayUS officials have alerted regional allies about potential military action against Iran following the upcoming elections. President Trump's ...
- Gulf AI buffering, but on-streamThe escalating tensions between the US and Iran have hindered the progress of AI infrastructure development throughout the Gulf. While Gulf...
- 22 Indians, including 14 seafarers, killed in West Asia conflict, MEA saysAmidst the turmoil in West Asia, the loss of twenty-two Indian nationals, including 14 seafarers, has come to light, with three fatalities ...
- Russian satellites help Iran's allies strike Saudi Arabia, data and officials sayCrucial to the strikes' success was what was happening in the skies overhead: For days beforehand, a constellation of Russian spy satellite...
- Houthis attack Saudi Arabia’s Ras Tanura refinery amid $1 billion ceasefire offer reportsYemen's Iran-aligned Houthis claimed responsibility for an attack on Saudi Arabia's Ras Tanura oil refinery. A fire occurred near the facil...
- Oil Price Today (October 26): Crude oil at $115, retreats from 6-month high despite lingering concerns. What are experts saying?US crude futures declined $1.82, or 2%, to $101.48 a barrel, while Brent crude futures dropped $1.50, or 1.72%, to $115 a barrel. Both benc...
- On Iran war, Trump weighs two options: 'make a deal' or 'finish it off'US President Donald Trump is weighing a deal with Iran against renewed military strikes, warning that a decision is approaching as Tehran e...
- Riyadh Airport announces resumption of operations at T1, T2 following closure after Houthi attacksRiyadh's King Khalid International Airport will resume operations from Terminals 1 and 2 on October 25, issuing a travel advisory amid Hout...
- Akasa Air extends suspension of flights to Jeddah, Riyadh amid evolving security situation in Saudi ArabiaAkasa Air has announced the extension of its flight suspensions to Jeddah and Riyadh due to rising security concerns. The airline's decisio...
- Oil Price Today (October 23): Crude oil ticks over $114, jumps nearly 8% this week as energy attacks intensify. What are experts saying?Brent crude futures rose 50 cents, or 0.45%, to $114.02 a barrel, while US West Texas Intermediate (WTI) crude gained 40 cents, or 0.42%, t...
- India condemns attacks on Saudi Arabia that killed 1 Indian, injured 3 othersIndia has strongly condemned the recent attacks in Saudi Arabia that resulted in the death of one Indian national. The Ministry of External...
- US orders some diplomats to leave Saudi Arabia as fears of escalating Houthi attacks riseThe United States has ordered some diplomats and their families to leave Saudi Arabia due to increasing tensions. This decision follows att...
- Oil rises on Middle East supply worriesOil prices are climbing amid increasing supply worries in the Middle East. Ongoing attacks on maritime vessels beyond the Strait of Hormuz ...
- Welspun Corp’s $350 million US bet rides rising oil, gas pipeline demandWelspun Corp is focusing on the US market by investing $300-350 million in two manufacturing plants. The company aims to benefit from incre...
- Oil eases as markets assess potential waiver on Russian energy, Middle East supply risksOil prices fell on Tuesday as markets weighed an executive order from US President Donald Trump that waived some sanctions and tariffs tied...
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