Report: Trump Requested Saudi Oil Support Before Iran Nuclear Decision

A day before President Trump withdrew from the Iran nuclear deal, one of his senior officials phoned key ally Saudi Arabia to ask the world's largest oil exporter to help keep prices stable if the decision disrupted supply, Reuters reports.

Saudi Arabia

News, analysis, and more


Saudi, UAE put economy at heart of alliance with joint investment plans

Saudi Arabia and the United Arab Emirates put jobs and investment at the center of their diplomatic alliance, saying on Thursday they would cooperate in ...


Global Oil Markets

Trump requested Saudi oil support before Iran nuclear decision

A senior Saudi official did not confirm the call but said: "We were made aware of the decision on the JCPOA (Joint Comprehensive Plan of ...


Saudi Aramco IPO

U.K. Presses Ahead With Plan to Lure State Firms

The Financial Conduct Authority will introduce a new category of “premium listing” rules for commercial companies controlled by a country. ...


Saudi Economy

Saudi non-oil growth regains pace in May

While the May PMI posted the highest reading this year, the index is still low by historical standards and reflects a slower rate of growth ...



Saudi Arabia Sees Decrease In Inward Investment

UNCTAD attributed the fall in investment into Saudi Arabia to significant divestments and negative intra-company loans by foreign multinationals. ...


World Cup: 2018

2018 World Cup Group A Preview: Uruguay favored; all eyes on Salah

Saudi Arabia is the second-lowest ranked team in the competition–67th according to FIFA's monthly standings; only Russia, at 70, ...


Saudi Cinema

‘Kaala’ Becomes First Indian Film to Be Released in Saudi Arabia

Just like Hindi language Bollywood, the South Indian film industry also commands a sizeable audience both at home and abroad. ...



Saudi Arabia bans fruit and vegetables from India’s Kerala state

Saudi Arabia has bannned imports of frozen and processed fruit and vegetables from India’s Kerala state, citing the risk from an outbreak of Nipah virus, ...


Saudi +

Regional and related topics


EU’s bank says cannot ignore U.S. sanctions on Iran

The pushback from the European Union's own lending arm underscores the limits of the bloc's ability to shield trade with Iran from the reimposition of ...


Russia in the Region

Russia finds navigating new development tricky in Syria

Until recently, the system of checks and balances that foreign stakeholders sought to build in Syria relied primarily on military means, but now there is ...


Global Oil Markets

Iran slams U.S. for seeking Saudi oil output hike, says OPEC won’t comply

Iran criticized a U.S. request that Saudi Arabia pump more oil to cover a drop in Iranian exports and predicted OPEC would not heed the ...



Global foreign direct investment flows fell sharply in 2017

Global foreign direct investment (FDI) flows fell by 23% in 2017, to $1.43 trillion from $1.87 trillion in 2016, according to UNCTAD’s World Investment Report ...



Commentary: Trump′s Iran policy pushes Tehran into the arms of China

This weekend, Iranian President Hassan Rouhani heads to China to participate in a Shanghai Cooperation Organization summit. Will China and Iran bolster their ties in ...



Perspective: The future is African — and the United States is not prepared

By 2050, one in every four humans will be African. At the end of the century, nearly 40 percent of the world’s population will be ...



At least 44 killed as air strikes target residential area in Idlib

Five children among dead after air strikes, thought to be carried out by Russia, hit neighbourhood in northwestern province's countryside ...


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