Iran and Saudi Arabia are preparing to reopen their respective embassies in Tehran and Riyadh, and wil lre-establish full diplomatic ties, an Iranian lawmaker has said. Relations between the two major regional powers are “being revived” and the embassies are “preparing to open,” Jalil Rahimi Jahanabadi, a member of the …
Read More »US ally Saudi Arabia “would be well advised” to look at Russian missile – RT analyst
The Saudi leadership “would be well advised” to take notice of the new system, named Abakan, suggested Mikhail Khodarenok, a retired colonel who served in the Russian Aerospace Defense Forces. The 98R6E Abakan was first presented to the public last year during the Army Expo in Russia. The export-oriented product …
Read More »Russia & Saudi Arabia respond to US oil move
According to the Wall Street Journal, citing sources familiar with the talks, other members of the Organization of the Petroleum Exporting Countries (OPEC) do not see the pause as necessary. The United Arab Emirates and Kuwait are reportedly among the latter. Saudi Arabia, the largest OPEC producer, and Russia have …
Read More »Oil markets get another bullish jolt as Saudi Arabia cranks up crude prices for global exports
In particular, Aramco increased pricing for its key Arab Light grade of crude for Asian customers in December to $2.70, up from $1.40. The world’s biggest oil producer set the Arab Light official selling price (OSP) to the United States at plus $1.75 per barrel over Argus Sour Crude Index, …
Read More »US approves sale of $650 million in air-to-air missiles to Saudi Arabia
The Defense Security Cooperation Agency (DSCA) informed Congress on Thursday, as required by law, that the proposed sale “will support US foreign policy and national security” by “helping to improve the security of a friendly country that continues to be an important force for political and economic progress in the …
Read More »New York Times journalist hacked, researchers suspect Saudi Arabia of having used notorious Pegasus malware
Hubbard, a reporter covering the Middle East, wrote on Sunday that a hacking attempt was first made on his phone in 2018, when he received a “suspicious” Arabic language text message inviting him to a protest outside the Saudi embassy in Washington, DC. A similar message followed, and digital rights …
Read More »Saudi Arabia & Iran may re-establish relations after series of discrete meetings – reports
Saudi and Iranian officials met in Baghdad this week, Axios reported on Wednesday, citing Iraqi sources. The meeting’s agenda was “dominated by efforts to repair the bilateral relationship and by regional issues concerning both sides,” according to the US outlet. Journalist and researcher Elijah Magnier went a step further, tweeting …
Read More »Move over, Riyadh – The UAE is quietly attempting to eclipse Saudi Arabia and assert itself as the main power in the Persian Gulf
Unbeknownst to most in the West, the United Arab Emirates has been expanding its network of power throughout the Middle East and even beyond, to the point where its Crown Prince Mohammed Bin Zayed seriously contests the power of Saudi Arabia’s Mohammed Bin Salman. In the past weeks a dispute …
Read More »Saudi Arabia says it is no longer an oil producing country
“Saudi Arabia is no longer an oil country, it’s an energy-producing country,” the Energy Minister told S&P Global Platts this week. Saudi Arabia has high green ambitions that include gas production, renewables, and hydrogen. “I urge the world to accept this as a reality. We are going to be winners …
Read More »Saudi Arabia to lift most Covid-19 restrictions on Sunday – state media
The decision on lifting the suspension will be implemented starting from March 7, an official source in the Interior Ministry said. This means that cinemas, indoor entertainment centers, restaurants, shopping malls, and gyms will reopen in the country after remaining shut down for more than a month. However, some curbs, …
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