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Markets 1 month ago
Saudi Arabia unexpectedly cuts oil prices to Asia
Aramco has been looking at offering discounts for oil loaded off Oman to compensate buyers for record freight rates, people familiar with the matter said last week, as it sought to protect its market share after the regional conflict hit exports.
Middle East and Africa 1 month ago
Iran, US trade threats after Houthi attacks escalate regional conflict
Iran and the United States exchanged new threats on Sunday, with President Donald Trump warning Iran would fail economically or face its leadership being wiped out if it didn't make a deal, and the Iranian military saying it would retaliate harshly to any fresh attack.
Middle East and Africa 1 month ago
Saudi-led coalition says Houthis fired ballistic missile at Riyadh
The Saudi-led coalition fighting Yemen's Houthis said Saturday that the Iran-backed group fired a ballistic missile at Riyadh at dawn, after a fire broke out near the Saudi capital's international airport.
Middle East and Africa 1 month ago
Saudi civil defense sends all-clear after alerts issued for capital Riyadh
The alerts come hours after the Houthis' military spokesperson said the group had foiled unspecified "criminal attempts" in the Yemeni capital Sanaa, blaming Saudi Arabia and vowing a response.
Middle East and Africa 1 month ago
Saudis and Houthis exchange strikes, Yemenis flee by boat as Middle East war spreads
Saudi Arabia and Yemen's Iran-backed Houthis exchanged fresh strikes across their border on Thursday and Yemenis took to boats in the Red Sea to escape fighting, as the spreading Middle East war created new threats to global oil supplies.
Middle East and Africa 1 month ago
Houthis strike Saudi targets anew as talks over Strait of Hormuz stall
Yemen's Iran-aligned Houthis launched a new wave of attacks on Saudi Arabia and were digging into positions on the western coast of Yemen along the Red Sea, Yemeni officials said, as urgent deliberations took place in Riyadh over how to respond to their lightning advance.
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