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HomeSaudi Arabia

Saudi Arabia

U.S
Crude Oil News

Trigger for Saudi oil production move was comment that U.S. would not refill SPR this year, report says

April 4, 2023 Mariel Alumit

Energy Secretary Jennifer Granholm last month said it would be difficult for the U.S. to take advantage of low oil prices to replenish the Strategic Petroleum Reserve because of maintenance at two of the four […]

Geopolitical

Saudi partners with China-led security bloc as ties grow

March 29, 2023 Mariel Alumit

Saudi Arabia has agreed to join the Shanghai Cooperation Organization (SCO) as a “dialogue partner”, state media reported on Wednesday, the latest indication of closer political ties with China. The Shanghai Cooperation Organization was established […]

Geopolitical

Saudi, Iran foreign ministers in Ramadan call, agree to meet soon

March 23, 2023 Mariel Alumit

NewsPolitics The Saudi Arabian and Iranian foreign ministers spoke by phone to mark the beginning of Ramadan and have agreed to meet “soon” to start the process of re-opening embassies and consulates, according to Saudi […]

Geopolitical

Saudi King Invites Iranian President To Visit For 1st Time In 25 Years

March 20, 2023 Mariel Alumit

After striking their historic peace deal which was mediated by China in Beijing over a week ago, Iran and Saudi Arabia continue to make strikes toward full normalization of ties, after being archenemies for decades […]

Iran
Crude Oil News

Timeline of Iran-Saudi Relations

March 14, 2023 Mariel Alumit

Iran and Saudi Arabia have been regional rivals for more than three decades. Most recently, Saudi Crown Prince Mohammed bin Salman said it was impossible for Riyadh to have a dialogue with Tehran. “Its (Iran’s) […]

Geopolitical

China To Host Major Middle East Summit After ‘Success’ Of Iran-Saudi Deal

March 13, 2023 Mariel Alumit

Via The Cradle, A high-level gathering of Gulf Arab states and Iranian officials is on track to take place later this year in the Chinese capital Beijing, according to sources that spoke with the Wall […]

Crude Oil News

Saudi giant’s profit skyrockets to whopping $161.1 bln with oil and gas seen as ‘essential’ in energy arsenal

March 13, 2023 Mariel Alumit

Photo: Aramco Back to overview Home Fossil Energy Saudi giant’s profit skyrockets to whopping $161.1 bln with oil & gas seen as ‘essential’ in energy arsenal PremiumAramco March 13, 2023, by Melisa Cavcic Saudi state-owned […]

Aljazeera International

What to expect after Iran, Saudi Arabia agree to restore ties

March 12, 2023 Mariel Alumit

Tehran, Iran – Iran and Saudi Arabia have agreed to re-establish diplomatic relations in a China-brokered deal that could have wide-ranging consequences but building on it, analysts say, will prove the main challenge. The agreement […]

Crude Oil News

Russia Uses Ship-To-Ship Transfers To Boost Diesel Exports To Saudi Arabia

March 11, 2023 Mariel Alumit

Authored by Tsvetana Paraskova via OilPrice.com, Russia is accelerating its exports of diesel to Saudi Arabia by both direct shipments and ship-to-ship transfers, Reuters reported on Friday, quoting trade sources and shipping data from Refinitiv. […]

Aljazeera International

‘Changing global order’: China’s hand in the Iran-Saudi deal

March 11, 2023 Mariel Alumit

China’s efforts in brokering a deal between Iran and Saudi Arabia have been seen by analysts as broader signs of a “changing global order”. During talks in Beijing on Friday, Saudi Arabia and Iran agreed […]

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