The U.S. opted not to intervene as Yemen’s Houthi rebels seized a major choke point for Saudi oil shipments on the Red Sea.
Oil prices fell as additional Saudi crude supplies eased concerns over disruptions to the kingdom’s exports.
Lawmakers have expressed concerns for years that the move would give China access to sensitive technology.
The State Department notified Congress that it plans to sell Saudi Arabia up to 48 F-35 warplanes in a first-time sale that could be worth as much as $24.3 billion.
The Saudi Central Bank, or SAMA, confirmed to the FT that it was no longer participating in the project after completing its ...
Saudi Arabia faces the biggest threat to its oil production since 1932 as Houthis launch attacks near the Red Sea's Bab ...
This was the first time an alert was sounded in Riyadh since an escalation between the Houthis in Yemen and the Saudis.