Saudi Arabia
Saudi Oil Deliveries to Asia Could Take 2.5 Times Longer
If the Bab-el-Mandeb Strait closes, tanker routes to Asia could take about 100 days round trip instead of 40, leading to higher transport costs.
Azerbaijan Airlines Resumes Flights to Jeddah from September 15
Azerbaijan Airlines will resume regular flights on the Baku–Jeddah–Baku route from September 15, 2026. Flights will operate four times a week.
OPEC+ Extends September Quotas into October
Seven OPEC+ countries have kept oil production levels for October unchanged from September, reaffirming their commitment to the deal.
Houthis Claim Responsibility for Strike on Saudi Aramco Refinery in Jizan
Yemen's Ansar Allah movement said it successfully attacked Saudi Aramco's oil refinery in Jizan with a drone.
Why Saudi Arabia Cannot Stay Out of the US-Iran Conflict
Economic dependence on the Strait of Hormuz and a strategic partnership with the US force Riyadh to engage in the standoff, despite its desire for distance.
OPEC+ to Increase Oil Output by 188,000 bpd in September
Seven OPEC+ countries will raise oil production by 188,000 bpd in September, including a 62,000 bpd quota increase for Russia.
Saudi Aramco Halts Jizan Refinery After Houthi Attack
Saudi Aramco has halted operations at its 400,000 bpd Jizan refinery after a Houthi attack damaged equipment. Repairs are expected to be completed by August 15.