Three weeks ago, President Joe Biden threatened Saudi Arabia with “consequences” after OPEC+ decided to cut production. Turkey’s Foreign Minister Mevlut Cavusoglu, for instance, called Biden’s behavior towards Riyadh “bullying”. Saudi Foreign Minister Al-Jubeir has […]
If accepted, the new proposed BRICS members would create an entity with a GDP 30% larger than the United States, over 50% of the global population and in control of 60% of global gas reserves. […]
Saudi Arabia is seeking investment from Australian miners to support its $170-billion plan to build a mining industry and diversify its oil-dependent economy this decade. The kingdom says it’s sitting on top of $1.3 trillion […]
(Reuters) The United States is concerned about threats from Iran against Saudi Arabia and will not hesitate to respond if necessary, a White House spokesperson stated. “We are concerned about the threat picture, and we […]
With oil prices set to soar after the midterms as the SPR drain ends and markets no longer have desperate democrats to help fulfill their immediate energy needs, moments ago the WSJ unveiled another potential […]
Saudi Arabian state oil producer Aramco beat forecasts on Nov. 1 with a 39% jump in third-quarter net income and reported record free cash flows, joining rivals in benefiting from higher prices and robust demand. Aramco’s net income rose to $42.4 billion for the three months to Sept. 30 from […]
Irina Slav is one of the great international writers and experts across the globe. I am lucky enough to have talked with Irna quite a few times. Every time is fun! In this episode, we […]
Saudi oil and gas giant Saudi Aramco has created a $1.5 billion sustainability fund to encourage investment in technology needed to support “a stable and inclusive” energy transition. Aramco disclosed the creation of “one of the world’s largest […]
Since Russia invaded Ukraine eight months ago, Western governments supportive of Kyiv tend to speak about the war in black-and-white terms with little sympathy for countries hovering between the West and Moscow. The leadership of […]
Saudi Arabia’s Crown Prince Mohammed bin Salman will not attend an upcoming Arab summit in Algeria in compliance with doctors’ recommendations to avoid travel, the Algerian presidency has said. Saudi Arabia offered no immediate acknowledgement […]
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