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Oil, Gaza and Saudi Arabia

Oil climbs as Gaza tensions rise, Saudi Arabia hikes prices

Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen in the key oil-producing region.

CNBC on MSN · 1h

U.S. oil rises as Israel tells Palestinians to evacuate Rafah, Saudi Aramco increases prices

Middle East tensions are rising again after Israel told 100,000 Palestinians to evacuate Rafah as cease-fire talks appear to have stalled. Saudi Arabia raised the price of its flagship crude destined for Asia for the third consecutive month.

MarketWatch on MSN · 2h

Oil kicks off week with gains after Saudi Arabia raises prices to Europe, Asia

State-owned producer Saudi Aramco 2223, +0.14% on Sunday said it was raising June prices for crude delivered to Northwest Europe, Asia and the Mediterannean.

Nasdaq · 7h

Natural Gas and Oil Forecast: Saudi Hikes Signal Robust Demand; Uptrend Ahead

Saudi Arabia’s decision to raise crude prices for June across the majority of regions had an impact on oil futures, signalling strong demand expectations for the summer. This adjustment coincided with ongoing geopolitical tensions in the Middle East,

Foreign Affairs1h

Will Saudi Arabia Get the Bomb?

Last year, less than a month before Hamas’s October 7 attack on Israel changed everything, Israel and Saudi Arabia were ...

Haifaa Al Mansour Returns To Saudi Arabia To Shoot Crime Feature ‘Unidentified’ As UTA & Memento Int’l Board Sales For Cannes Market Launch

EXCLUSIVE: Director Haifaa Al Mansour is returning to her native Saudi Arabia for the shoot of crime feature Unidentified, ...

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Saudi Arabia achieves mixed financial performance in first quarter of 2024

The Saudi Ministry of Finance has released its fiscal data for the first quarter of 2024, revealing a mixed picture of revenues and expenses. Accordi ...

Arabian Business43m

Saudi Arabia’s Qiddiya announces Aquarabia: Largest waterpark in Middle East to open in 2025 with record-breaking slides and rides

Qiddiya Investment Company (QIC) announced the launch of Aquarabia, the first water theme park of its kind in Saudi Arabia ...

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Saudi Arabia Posts Budget Deficit as Capex Spending Climbs

Saudi Arabia recorded a sixth straight quarterly budget deficit as increased spending on capital expenditure and other areas ...

2hon MSN

How OPEC and Saudi Arabia could shape Biden’s political fate

OPEC+ decisions are not above political influence. This was on display most prominently in 2022, when Saudi Arabia led OPEC+ ...

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Saudi Arabia Views Pakistan as Prime Business Hub in South Asia

Saudi Deputy Investment Minister, Ibrahim Almubarak, emphasized Pakistan's economic potential and Saudi Arabia's desire to deepen economic ties. The Saudi delegation, including 50 businesses, attended ...