Visit RT today to read the latest news on Saudi Arabia. Do not miss the latest updates today on Saudi Arabia news, including hiked prices for shipments to the US, a nod to President Trump, the OPEC+ deal, and more. Find all the latest news today on Saudi Arabia such as politics, its economic need for oil production, and cut-price shipments to Europe and Asia. Check out RT for stories on Saudi Arabia’s King Salman and other world leaders such as US president Donald Trump, German Chancellor Angela Merkel and Indian Prime Minister Narendra Modi. Get the latest news today from Saudi Arabia as it’s accused of flooding a saturated global market with cheap oil and forcing competing shale oil producers out of business. Turn to RT today for the latest news on Saudi Arabia, as well as stories about US President Donald Trump talking market-share strategy and pressuring OPEC states into signing off on cuts. Stay with RT to be updated on Saudi Arabia and the rest of the world as the coronavirus crisis continues to cause global economic havoc. Read experts’ and analysts’ opinions on the latest Saudi Arabia news on RT today, as well as the political situation in the world in general.
Vaccination against coronavirus will be mandatory for all employees before attending their place of work, in order to ensure a “safe and healthy” return, the Saudi Arabian government has said.
Saudi Crown Prince Mohammed bin Salman called on UK Prime Minister Boris Johnson to step in after a £300 million Saudi-backed takeover of Premier League club Newcastle United collapsed, according to reports.
The US continues to be the driving force behind the surge in global military expenditure, spending $732bn last year, with China far behind in second place and India rounding out the top three, according to data provided by SIPRI.
Shipments of Russian crude oil to China increased more than 30 percent in March compared to a year earlier while Saudi imports of the commodity sank, Reuters reported, citing Chinese customs data.
Saudi Arabia may have to borrow as much as $58 billion this year to cover a budget shortfall caused by the oil price slump, Bloomberg reports, citing Finance Minister Mohammed al-Jadaan.
The Saudi-led coalition said on Friday it was extending a unilateral ceasefire in Yemen by one month to support efforts to contain the coronavirus pandemic. “The coalition’s command reaffirms that there is still an opportunity to focus...
Traders credited US President Donald Trump’s threats to sink Iranian patrol boats in the Persian Gulf for the sharp increase in oil futures, just days after lack of storage and low demand drove the US benchmark WTI below zero.
Due to plummeting fuel demand and overflowing storage capacity, at least three oil refiners in India have asked for lower crude oil imports for May from the Middle East, including from the world’s top exporter Saudi Arabia.
The price of a barrel of Brent crude oil has climbed by more than 10 percent to $22.50 (ICE) on Thursday amid renewed military tensions between the US and Iran.