Saudi Arabia
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World
U.S., Israel and Morocco Turn Alliance Into Embassies Amid Red Sea Crisis
NEW YORK — The United States, Israel, and Morocco are converting their diplomatic presence into full-fledged embassies while outlining new…
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Business
Saudi Arabia Exits China-Backed mBridge Payment Network
WASHINGTON / RIYADH — Saudi Arabia has ended its formal involvement in Project mBridge after completing a joint technical proof…
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Business
Gulf States Turn to Iran as Hormuz Crisis Deepens
**WASHINGTON** — Energy markets reacted cautiously to the possibility of a diplomatic breakthrough. On Friday, Brent crude prices fell 2.9%,…
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World
Houthis Seize Bab el-Mandeb as Hormuz Traffic Collapses
The Bab el-Mandeb Strait, an 18-mile-wide waterway connecting the Red Sea with the Suez Canal, normally carries approximately 12 percent…
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World
Houthi Seizure of Yemen Port Pushes Oil Past $100 as Two Key Straits Face Siege
International benchmark Brent crude surged more than 5% to $106.60 a barrel in late Thursday trading, while U.S. West Texas…
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