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The Latest Breaking News from Saudi Arabia

Thursday briefing: Has Saudi Arabia picked Putin over Biden?

In today’s newsletter: After a summer spent persuading Saudi Arabia to lower costs, the world’s largest oil producer is doing the opposite – now the US president promises ‘consequences’

The Guardian - UK

Conn. gubernatorial candidate Bob Stefanowski confirms consulting work in Saudi Arabia; reduced 98% due to campaign

HARTFORD, Conn. — Republican gubernatorial candidate Bob Stefanowski doubled his income in recent years while he was working as a consultant for an entity in Saudi Arabia, officials said Wednesday.

Tribune News Service

Newcastle open to further investment from Saudi Arabia to help European ambitions

The Magpies cannot follow in the footsteps of Chelsea and Manchester City because of financial rules

The Independent UK

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Saudi owners ready to boost Newcastle transfer spending power to reach new level

The Tyneside club have given a major update on their plans for the future under Saudi Arabian ownership as chief exec Darren Eales looks to bolster Eddie Howe's squad in January and next summer

Daily Mirror

Democrats issue fresh ultimatum to Saudi Arabia over oil production

Members of Congress raise prospect of one-year arms sales ban unless kingdom reverses Opec+ decision to cut output

The Guardian - UK

Connecticut GOP candidate acknowledges work in Saudi Arabia

The Republican candidate for governor in Connecticut has acknowledged for the first time that he has been a consultant for a proposed futuristic city in Saudi Arabia, backed by the powerful Saudi Crown Prince Mohammed bin Salman

The Independent UK

Saudi Arabia is choosing friends on its own terms and Biden is not one of them

Reactions in Washington to slashing oil supply have not concerned Mohammed bin Salman; nor have the optics of indirectly boosting Putin’s war

The Guardian - UK

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MBS accused of "election interference"

Saudi Arabia is slashing oil production before midterms in what some are calling a "hostile act" against Democrats

Salon

Joe Biden warns of ‘consequences’ for Opec as it sides with Russia even as Saudi Arabia attempts de-escalation

Saudi foreign minister says move was ‘purely economic’

The Independent UK

Saudi foreign minister says efforts to extend the truce in Yemen still stand

Saudi Arabia's foreign minister said that the efforts to extend the truce in Yemen still stand, Al Arabiya TV reported on Wednesday, after an initial U.N.-brokered pact between a Saudi-led coalition and the Houthi movement expired early this month.

Reuters

Joe Biden Vows Consequences Against Saudi Arabia, Philips Warns Lower Sales & Profit, Intel Explores Substantial Job Cuts: Top Stories Wednesday, Oct. 12

Reuters

Benzinga

First Thing: WHO chief urges action to tackle ‘devastating’ long Covid

Calls for sustained efforts to help people experiencing ‘prolonged suffering’. Plus, Saudi Arabia to face consequences

The Guardian - UK

Riyadh, Madrid to Develop Economic Cooperation, Military Industries

Spanish Ambassador to Saudi Arabia Jorge Hevia Sierra said that his country was seeking to strengthen its strategic partnership with Riyadh, noting that a joint committee was scheduled to be held in Spain on Oct.

Asharq Al-Awsat

Biden vows 'consequences' for Saudi Arabia after oil production cuts

United States President Joe Biden promised "consequences" for Saudi Arabia, after a Riyadh-led coalition of oil-producing nations sided with Russia to slash output.

Bangkok Post

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Asharq Al-Awsat

IMF Confirms Saudi Economy’s Growth Forecast in Coming Years

The International Monetary Fund (IMF) confirmed its economic growth forecast for Saudi Arabia for the current year at 7.6 percent, the exact forecasts for July and April. Earlier, the Fund increased its expectations twice for the Saudi economy in 2022, making the Kingdom the only country among the G20 whose…

Al Jazeera

Biden vows ‘consequences’ for Saudi Arabia after oil output cuts

US president suggests he will soon take action as aides announce the White House is re-evaluating ties with kingdom.

Asharq Al-Awsat

Democrats Disagree Over Relationship with Saudi Arabia

US Democratic Representatives have tackled the Saudi-US relationship, with Representative Adam Smith warning against launching vague and incomprehensible threats against Saudi Arabia. Earlier, White House national security spokesman John Kirby said President Joe Biden is willing to begin reevaluating the US-Saudi ties after the Kingdom and its oil-exporting allies announced…

Tribune News Service

Biden says Saudi Arabia will face ‘consequences’ for OPEC cut

WASHINGTON — President Joe Biden said there would be “consequences” for Saudi Arabia over the decision by OPEC+ to slash production, a move the administration says will benefit Russia by propping up oil prices.

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France 24

Biden says Saudi Arabia will face 'consequences' for OPEC+ oil production cut

President Joe Biden said Tuesday there will be "consequences” for Saudi Arabia as the Riyadh-led OPEC+ alliance moves to cut oil production and Democratic lawmakers call for a freeze on cooperation with the Saudis.

WEKU

Biden is rethinking the U.S. relationship with Saudi Arabia after OPEC cuts

After the cartel said it would cut oil production by 2 million barrels per day starting next month, the White House said it's time to look at the longstanding partnership with Saudi Arabia.

Tribune News Service

Outraged Biden team vows consequences for Saudis over OPEC+ cut

WASHINGTON — Top aides to President Joe Biden voiced their fury with Saudi Arabia over OPEC+ oil production cuts Tuesday, saying the administration was undertaking a sweeping reevaluation of its relationship and planned to engage with lawmakers clamoring to punish the kingdom.

Al Jazeera

Biden ‘reviewing’ ties with Saudi Arabia amid anger over oil cuts

Riyadh says oil production curbs are ‘purely economic’ as critics in Washington accuse it of empowering Moscow.

The Independent UK

Biden reevaluating US-Saudi relationship amid Democrat anger

President Joe Biden is reevaluating the U.S. relationship with Saudi Arabia

Reuters

U.S. won't take eye off Iran in review of Saudi relationship - State Dept

The Biden administration will not take its eye off the threat posed by Iran as it reviews Washington's relationship with Saudi Arabia after the OPEC+ decision to cut oil production, State Department spokesperson Ned Price said on Tuesday.

The Guardian - UK

Saudi Arabia will face ‘consequences’, says Biden, amid anger at cuts in oil output

Moves by Opec+ to reduce production seen as siding with Putin over the US just as midterms loom

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