Saudi Aramco CEO warns oil markets may not recover until 2027 due to Hormuz disruptions Business May 12, 2026 The CEO of Saudi Arabia’s state-owned oil company is warning that the energy sector will take time to recover from…
United Arab Emirates leaving OPEC May 1 in shocking blow to world’s largest oil cartel Business April 29, 2026 The United Arab Emirates announced Tuesday that it will leave OPEC effective May 1 — a shocking blow to the…
Paramount secures $24B from Gulf wealth funds as Warner Bros. deal seeks regulatory approval: report Business April 6, 2026 David Ellison-run Paramount Skydance has reportedly signed deals to get nearly $24 billion from three Gulf wealth funds to help…
SpaceX in talks with Saudi Arabia’s Public Investment Fund about potential $5B investment in IPO: report Business April 3, 2026 Elon Musk’s SpaceX has reportedly held talks with Saudi Arabia’s Public Investment Fund about investing an additional $5 billion in…
Saudi Arabia warns oil prices could spike past $180 a barrel if Iran war rages on: report Business March 20, 2026 Saudi oil officials said prices could easily soar past $180 a barrel if severe supply disruptions from the war in…