Brent crude jumps 9.6% to $83.30 amid Hormuz risks
NEW YORK / RankWire.AI / – Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent...
Tag : Saudi Arabia
UN envoy cites regional push to end Middle East conflict
NEW YORK / MENA Newswire / — UN envoy Jean Arnault said regional agreement is emerging around a quick end to the Middle East conflict. He also...
ADNOC Gas posts resilient Q1 profit despite disruption
ADNOC Distribution reported record Q1 2026 profit and EBITDA growth as fuel volumes, retail sales and network expansion lifted results....
GCC beats global average in 2026 economic freedom index
GCC countries scored 66.9 in the 2026 Economic Freedom Index, beating the global 59.9 average as the UAE, Qatar and Oman led the bloc overall....
Riyadh summit highlights GCC-US strategic partnership
UAE Crown Prince leads delegation to Riyadh for strategic US-GCC summit focused on regional stability and cooperation....
Saudi-India ties deepen with defence and culture cooperation push
Saudi Arabia and India have expanded their strategic council with four new committees targeting defence, culture, and global cooperation....
OPEC+ reaffirms production plan based on healthy market trends
OPEC+ to raise oil output by 411,000 bpd in May as market outlook strengthens, maintaining flexible adjustment plans....
UN urges continued efforts after Saudi-hosted Black Sea talks
UN welcomes Black Sea security talks in Saudi Arabia as vital step toward peace in Ukraine and global food trade....
Trump claims Ukraine started war, questions Zelensky’s leadership
Trump blames Ukraine for the war, arguing Zelensky could have negotiated peace. He supports U.S.-Russia talks excluding Kyiv, as diplomatic tensions continue to rise....
Kingdom of Saudi Arabia achieves poultry production milestone in 2024
Saudi Arabia has achieved a milestone with 558 million kg of poultry production in H1 2024, a 9% increase from 2023. The growth is attributed...