Keywords: Saudi arabia
Diplomatic efforts to restore stability in the Strait of Hormuz appear to be gaining momentum as reports suggest that a temporary agreement could soon be announced. The proposed arrangement is expected to improve maritime security, support the free movement of commercial vessels, and reduce tensions......
Saudi Aramco has warned that the disruption of oil shipments through the Strait of Hormuz could have long-lasting consequences for global energy markets, with depleted oil inventories potentially requiring up to 18 months to recover, even if normal shipping operations resume immediately. According to......
Iran has renewed its call for the creation of a regional security framework involving several Muslim-majority countries, arguing that regional stability should be managed through cooperation among neighboring states rather than relying on external powers. The proposal was discussed during a telephone......
Israeli Prime Minister Benjamin Netanyahu is reportedly facing one of his most challenging meetings with U.S. President Donald Trump as the two leaders prepare for another high-level encounter amid growing disagreements over Iran and broader Middle East policy. According to Axios, the meeting will mark......
US Secretary of State Marco Rubio has said that Saudi Arabia intends to develop a peaceful nuclear energy program, highlighting the growing cooperation between Washington and Riyadh in the field of civilian nuclear technology. Speaking at a press conference on the sidelines of an ASEAN foreign ministers'......
Oil prices climbed to their highest level in more than six weeks as escalating tensions in the Gulf and the Red Sea raised concerns about potential disruptions to global energy supplies. By 9:35 a.m. Moscow time, September West Texas Intermediate (WTI) crude futures had risen 1.44% to $88.08 a barrel.......
Maritime data indicate that growing security concerns linked to Houthi threats are beginning to affect shipping routes through the Red Sea, with several oil tankers reportedly avoiding the Bab el-Mandeb Strait following warnings of attacks on vessels in the strategic waterway. According to shipping......
Deutsche Bank has strengthened its position in Saudi Arabia after obtaining a regional headquarters licence in the kingdom, allowing the German financial institution to expand its operations and pursue a wider range of business opportunities linked to the country’s economic transformation plans. The......
Morocco has announced a defined payment period for citizens selected to perform the Hajj pilgrimage during the 1448H season, setting administrative steps in motion for thousands of applicants. The Ministry of Habous and Islamic Affairs confirmed that fee payments will take place between June 29 and July......
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