The kingdom saw a 24.7% year-on-year decline in its oil sector for the April 1 to June 30 period due to the closure of the Strait of Hormuz.
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By threatening shipping, the Yemeni rebels hope to wring concessions from the kingdom
The alliance aims to defend shipping from attacks by Iran-backed Houthis in Yemen.
RIYADH, July 29 (Reuters) - Saudi Arabia is seeking to build an international coalition to protect shipping in the Red Sea from Houthi attacks, two people familiar with the deliberations said on…
Yemen's Houthi rebels have launched attacks on Saudi shipping in a show of solidarity with Iran, disrupting tanker traffic in and out of Yanbu. But ev...
Riyadh seeks partners to safeguard shipping in Red Sea as strikes on energy tankers expand, pushing oil prices higher.
The United States and Saudi Arabia jointly struck Iran-backed armed groups in Iraq on Wednesday, the first U.S. airstrikes in the Middle East since President Donald Trump suspended the U.S. bombing…
The Morning Manifest
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