South Korean President Moon Jae-in, right, shakes hands with Saudi Crown Prince Mohammed bin Salman during a meeting at the presidential Blue House, Wednesday, June 26, 2019, in Seoul, South Continue Reading
China is buying Iranian oil in defiance of US sanctions and providing what Tehran hopes will be a financial lifeline for the country’s buckling economy. Although Beijing customs data show crude purchases Continue Reading
SEOUL (Reuters) – Saudi Aramco can meet the oil needs of customers using its spare capacity despite developments in the Gulf that are a cause for concern, the head of Continue Reading
Saudi Arabian Oil Co. has the experience and infrastructure it needs to keep crude flowing should supply through the Strait of Hormuz be disrupted, according to the chief executive officer Continue Reading
Saudi Aramco is concerned at recent actions in the Gulf but can meet its customers’ needs thanks to its experience and the availability of additional spare capacity, its chief executive Continue Reading
U.S. officials and analysts say Iran has deepened its cooperation with the Houthis as the country seeks ways to harass its American and Saudi adversaries. Iran denies controlling the Houthis Continue Reading
Yemen’s Houthi movement launched an attack on Abha civilian airport in southern Saudi Arabia on Sunday that killed one person and wounded seven others, the Saudi-led coalition battling the group Continue Reading
The world’s focus, not surprisingly, has been on Saudi Aramco’s $111bn of net income recorded in 2018, making it the most profitable company in the world. But elements of the Continue Reading
“The President has been briefed on the reports of a missile strike in the Kingdom of Saudi Arabia,” White House press secretary Sarah Sanders said in a statement late Wednesday. Continue Reading
Saudi Arabia will back an extension of OPEC curbs in the second half of the year, the kingdom’s energy minister, Khalid al-Falih, said Monday, according to news reports. When OPEC Continue Reading
