Saudi Arabia
Washington is developing a postwar strategy for the Middle East aimed at containing Iran and expanding Israel’s agreements. The plan is still at an early stage.
Putin and Xi Jinping will attend the SCO summit in Bishkek together with the leaders of Iran, India and Pakistan.
Trump submitted a nuclear deal with Riyadh worth tens of billions of dollars to Congress. It will take effect only after Saudi Arabia recognizes Israel.
The Eagle Crest agreement will remain in effect until 2037 and covers the F-15EX, modernization, maintenance, and infrastructure. The initial contract is worth $343.7 million.
After his civil wedding to Georgina Rodríguez, Ronaldo lightened his hair. He showed off his new look in Saudi Arabia and Paris.
Asim Munir will visit Tehran on August 24 for talks on peace and security. The sides will discuss the conflict, U.S. sanctions and the Houthi issue.
Brent and WTI rose amid the threat of tougher U. S. sanctions against Iran. Twice as few vessels passed through the Strait of Hormuz.
Each night, 15–20 tankers pass through the corridor, transporting around 10 million barrels of oil. The operation supports global supplies.
Oil prices rose amid fears of supply disruptions following Iran's statements about taking an offensive position and the United States' refusal to continue the agreement. Brent reached $90.94, while WTI reached $85.03 per barrel.
The ministers of eight Muslim countries condemned Israel’s rejection of the U. S. plan for Gaza. Netanyahu demands the complete disarmament of Hamas before the withdrawal of troops.
Saudi Arabia, the UAE, Qatar, Kuwait, and Bahrain are outraged by the lack of a U. S. strategy toward Iran and Trump's inconsistency. Some states question the advisability of hosting U.S. military bases.
The Mokha Port on the Red Sea suspended operations after more than 25 missile strikes killed 7 people. The damage is estimated at $16 million; the port is controlled by the Yemeni government.
The President of Turkey said that the Israeli government is using the chaos in the Middle East to push the Palestinian issue aside. He pledged support for the establishment of a Palestinian state and welcomed plans to hold elections.
Due to the threat of attacks by Yemen's Houthis, Saudi Arabia is cutting oil exports through the Red Sea, and tankers are switching off their tracking systems. Oil shipments through Egypt are increasing, reaching a record 2.17 million barrels per day.
11 civilians, including a 4-year-old child, were injured as a result of an attack by Yemen's Houthis in southern Saudi Arabia. Riyadh warned of the threat of new coordinated strikes by Iran-backed groups.
Saudi intelligence warns of possible coordinated strikes by Iraqi groups and the Houthis with Iran's support. The Kingdom promises to take all measures to counter the aggression.
The Houthis carried out missile strikes and drone attacks on Yemeni government positions, killing about 40 soldiers and injuring 30 others. The government condemned the attack and promised to respond.
China's Sinopec has increased its purchases of Russian ESPO crude oil to offset reduced supplies from the Middle East due to the war against Iran. The company purchased 30–40 cargoes of oil for delivery from July through September.
The Houthis claim that a ballistic missile hit the Saudi oil tanker Daisy, forcing it to change course. A British center confirmed an explosion near the vessel; the crew is safe.
The US, Iran, and Oman are nearing a 60-day interim agreement to restore operations in the Strait of Hormuz. The deal provides for the separation of vessel traffic and mine clearance, but requires Iran's approval.
In July, OPEC countries increased oil production by 1. 16 million barrels per day, to 19.44 million. The main growth was driven by Iraq, Kuwait, and Saudi Arabia. Supplies remain below the pre-war level due to the war with Iran.
U. S. President Donald Trump said that negotiations with Iran will resume on Monday after the cancellation of a "massive attack." He noted that allies, including Saudi Arabia, asked to cancel the strike due to a possible deal.
US President Donald Trump said that Washington could launch large-scale strikes on Iran at any time. Allies, including Saudi Arabia, the UAE and Qatar, asked to cancel the attack.
OPEC+ and allies agreed to increase oil production in September due to the impassability of the Strait of Hormuz. This is the sixth consecutive increase amid the war with Iran.
After the conflict in the White House in February 2025, relations between the presidents warmed. Ukraine provided expert assistance to the US and Persian Gulf countries in combating Iranian drones.
US President Donald Trump decided to refrain from a new strike on Iran, agreeing to the request of Tehran and other Middle Eastern countries. The terms of the agreement are the cessation of the nuclear threat and the opening of the Strait of Hormuz.
Iran's Foreign Minister stated a decisive response to possible US aggression. Iran threatens strikes on oil fields in Saudi Arabia and the UAE in case of attacks on its energy infrastructure.
Iran announced the stopping of two ships in the Strait of Hormuz, raising concerns about the stability of oil supplies. Oil prices rose by more than 1%, and Brent futures may add 23% in July.
Brent crude futures rose 1. 13% to $90.04 per barrel. IRGC stopped two tankers in the Strait of Hormuz, supporting prices.
Saudi Arabia is preparing a large-scale military operation against the Yemeni Houthis, including a naval and ground offensive. Riyadh is creating an international naval coalition of 14 states to protect shipping.