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Oil Prices Expected to Struggle Despite Saudi Cuts, But Goldman Is More Bullish Than Most
Goldman Sachs sees demand rebounding by March, with the arrival of warmer weather and increased vaccinations.
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End of Qatar Blockade Is ‘a Win for the Region,' Saudi Foreign Minister Says
The Al-Ula declaration resolves all of the outstanding issues that Qatar and other Arab nations had, said Faisal bin Farhan al-Saud, Saudi’s foreign minister.
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Saudi Arabia and Its Allies Restore Diplomatic Ties With Qatar After Three-Year Rift
Saudi Arabia, the United Arab Emirates, Bahrain and Egypt had imposed a diplomatic, trade and travel blockade on Qatar, accusing it of supporting terrorism.
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Saudi Women's Rights Activist Sentenced to Nearly 6 Years
One of Saudi Arabia’s most prominent women’s rights activists has been sentenced to nearly six years in prison under a vaguely worded counter-terrorism law
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Saudi Arabia Says It's Ready to End Gulf Crisis With Qatar Ahead of Biden Presidency — But It's Not a Breakthrough Yet
Several previous attempts to reach a solution have failed over contentious sticking points between the Gulf monarchies.
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There's a Lot of Dissatisfaction and Fatigue Within OPEC+, S&P Global Platts Says
OPEC+ is expected to consider delaying its output increase at its meeting this week, but there are “some cracks in the foundation,” said Herman Wang of S&P Global Platts.
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Saudi Arabia's STC Pay Eyes Rapid Gulf Expansion After Billion-Dollar Valuation
Saudi Arabia’s STC Pay plans to expand its financial services offering across the Gulf region, after achieving a billion-dollar “unicorn” valuation.
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Saudi Arabia Should Be a ‘Partner' on Any Future Nuclear Deal With Iran, Foreign Minister Says
Saudi Arabia says it should be a part of any potential negotiations between the incoming U.S. administration and Iran on a new nuclear deal.
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Officials: Blast at WWI Ceremony in Saudi Arabia Wounds 3
Officials say an explosion at a Saudi cemetery where American and European officials were commemorating the end of World War I has wounded three people
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Family of Slain Saudi Journalist Sues Saudi Crown Prince
The family of slain Saudi journalist Jamal Khashoggi has filed a federal lawsuit accusing Saudi Crown Prince Mohammed bin Salman of personally ordering Khashoggi’s brutal execution in order to silence the high-profile government critic
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State Denies Improper IG Firing, Defends Saudi Arms Sales
The State Department has denied charges of improperly firing its independent inspector general
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Saudi Court Issues Final Verdicts in Khashoggi Killing
Saudi Arabia’s state television says final verdicts were issued in the case of slain Washington Post columnist and Saudi critic Jamal Khashoggi after his son announced pardons that spared five from execution
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Saudi Arabia's King Salman Admitted to Hospital for Tests
Saudi Arabia’s King Salman has been admitted to a hospital in the capital, Riyadh, for medical tests due to inflammation of the gallbladder.
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Sept. 11 Convict Now Says He Renounces Terrorism, Bin Laden
The only man ever convicted in a U.S. court for a role in the Sept. 11 attacks, now says he’s renouncing terrorism, al-Qaida and the Islamic State
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Oil Prices Set to Crater as Russia, Saudi Arabia Meeting Delayed Amid Tension
The virtual meeting between OPEC and its allies scheduled for Monday has been postponed, sources familiar with the matter told CNBC, amid mounting tensions between Saudi Arabia and Russia. The meeting will now “likely” be held on Thursday, sources said. The Monday meeting was set after President Donald Trump said to CNBC on Thursday that he expected Russian President Vladimir Putin...
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Turkish Prosecutors File Indictment Over Khashoggi Killing
Turkish prosecutors have filed an indictment against 20 Saudi nationals over the 2018 killing of Washington Post columnist Jamal Khashoggi.
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Saudis' Arrest of 2 Princes Called a Warning to Royal Family
Two people close to Saudi Arabia’s royal family say two senior princes are under arrest for not supporting Crown Prince Mohammed bin Salman, who has consolidated control of all major levers of power with the support of his father, King Salman
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Saudi Arabia Halts Pilgrimage; Iran Vice President Has Virus
Saudi Arabia has halted travel to Islam’s holiest sites over fears about a new viral epidemic months ahead of the hajj pilgrimage.
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Leading NGOs Boycott Saudi Arabian G20 Civil Society Summit
Three leading international NGOs announced on Monday they are boycotting meetings that Saudi Arabia is holding with civil society groups ahead of hosting this year’s Group of 20 summit, saying participating would lend legitimacy to a kingdom “trying to whitewash its dire human rights record.”
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Risky Gulf Arab Strategy Tested by Killing of Iran General
U.S. allies in the Persian Gulf have loudly pushed for hawkish policies by Washington to pressure, isolate and cripple Iran, but this high-stakes strategy is now being put to the test by the unexpected U.S. strike that killed Iran’s most powerful military commander last week, thrusting the region closer to full-blown conflict.