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Officials are modeling a worst-case oil price scenario
The ongoing conflict has already withheld mns of barrels from the global supply
Saudi launches a land-bridge workaround to Hormuz
Saudi pitches a Red Sea-land bridge for Gulf trade
Could Hormuz closure disrupt global crop yields?
While Gulf growers have several weeks of buffer stock, prolonged blockages will inevitably filter into higher food prices
Trade surplus rises on oil sector + re-export growth
Non-oil exports, including re-exports, jumped 18.6% y-o-y in 4Q
THIS MORNING: Turkish President bolsters ties in Riyadh visit
PLUS- Expo Riyadh 2030 to start construction this year
Trade surplus hits 3-year high in November
Oil exports increased 5.4% y-o-y leading the Kingdom's trade profile
Services exports outpace imports growth
Travel services took the lion’s share of exports with a total value of SAR 33.8 bn
Services exports outpace imports growth
Travel services took the lion’s share of exports with a total value of SAR 33.8 bn
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