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Regional shipping disruptions cut trade surplus 25% in July
Regional shipping disruptions contributed to a 25% y-o-y narrowing the trade flow
Pipeline shutdown and Houthi push toward Bab Al Mandab tighten squeeze on Saudi oil exports
The Houthis reached Perim and Hanish islands and the coastal towns of Mocha and Dhubab
THIS MORNING: Jazan is under fire again
Plus: Riyadh is preparing nuclear verification measures beyond core IAEA obligations
Saudi economy now expected to shrink in 2026 on extended Hormuz disruption timeline, BMI
BMI expects the Saudi economy to contract in 2026 because of the Hormuz disruptions
Saudi growth downgraded, but still outruns GCC, economists say
The East-West pipeline keeps the Kingdom out of contraction, but the forecasts are scattered enough that even the growth call…
Rate-hike wagers rebuild across the Fed, BOE, and ECB
An oil spike has flipped the easing narrative. Traders are wagering the Fed unwinds last year’s cuts, with the BOE…
Aramco net income jumps in 1Q, courtesy of the East-West pipeline
Higher oil prices and refining margins helped Aramco offset the impact of the supply disruption
Saudi Arabia to cut oil prices for Asia
Good morning, ladies and gents. The news cycle this morning is dominated by a bombshell that dropped overnight — the…
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