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The Latest Breaking News from Saudi Arabia

OPEC, the international oil cartel, meets twice yearly in a formal gathering in Vienna, Austria. The members convene to debate and decide on petroleum production policy for the coming months to balance supply and demand at a price that delivers the most attractive return for oil-producing countries and traditional energy…

Barchart

Phil Mickelson wastes no time responding to PGA Tour and LIV Golf announcing merge

The PGA Tour has sensationally agreed to merge with the Saudi Arabia funder LIV Golf series, ending all legal proceedings between the two sides of golf's civil war, and Phil Mickelson is delighted

Daily Mirror

How Porsche bounced back from Formula E "slump" to win in Jakarta

Porsche had marked itself out as a clear favourite for the title at the beginning of Formula E's Gen3 era, when factory driver Pascal Wehrlein and Andretti ace Jake Dennis locked out the top two spots in Mexico City and Diriyah, with Wehrlein even taking a rare double win in…

Motorsport

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Chelsea owner Todd Boehly spotted in Saudi Arabia amid $107m N'Golo Kante transfer claim

Chelsea transfer news: The Blues have less than four weeks before N'Golo Kante's contract ends as pressure builds to make big decision

Football London

Campaign group loses legal fight with Government over arms sales to Saudi Arabia

Campaign Against Arms Trade was challenging the lawfulness of a decision to continue licensing arms exports for ‘possible use’ in a war in Yemen.

The Independent UK

N’Golo Kanté offered salary of up to €100m to join club in Saudi Arabia

N’Golo Kanté is being offered a salary that could reach €100m (£86.2m) a year to join a club in Saudi Arabia

The Guardian - UK

US Secretary of State Blinken travels to Saudi Arabia in push for Sudan peace talks

The US Secretary of State Antony Blinken is due to arrive in Saudi Arabia today, Tuesday, for talks on global security and economic issues, as the conflict in Sudan enters its eighth week.

Radio France Internationale

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What does Erdogan’s re-election mean for Turkey-Gulf relations?

Economic and defence deals, along with the Turkish president’s personal ties with regional leaders, to boost relations.

Al Jazeera

Blinken visits Saudi Arabia amid strained ties, Israel normalization in mind

U.S. Secretary of State Antony Blinken arrived in Saudi Arabia on Tuesday on a mission to steady Washington's relationship with Riyadh after years of deepening disagreements on issues ranging from Iran and regional security to oil prices.

Reuters

Lionel Messi makes special request in Saudi transfer talks after Barcelona stance revealed

Saudi Arabian club Al-Hilal and Barcelona are hoping to sign Lionel Messi on a free transfer following the Argentine forward's departure from Paris Saint-Germain

Daily Mirror

Crude Prices Find Support as Saudi Arabia Cuts Crude Production

July WTI crude oil (CLN23 ) on Monday closed up +0.41 (+0.57%), and July RBOB gasoline (RBN23 ) closed up +2.37 (+0.95%). Crude oil and gasoline prices Monday posted moderate gains, with crude climbing to a 1-month high. Crude prices rallied Monday after Saudi Arabia said it would cut its...

Barchart

Newcastle's owners complete takeover of FOUR clubs including Cristiano Ronaldo's Al-Nassr

Saudi Arabia's Public Investment Fund has taken majority stakes in Al Nassr, Al Hilal, Al Ahli and Al Ittihad as the Middle East becomes an increasingly tempting proposition for Europe's leading stars

Daily Mirror

US committed to Saudi-Israeli normalisation, Blinken tells AIPAC

Antony Blinken tells lobby group that ties between Israel and Saudi Arabia are in ‘national security interest’ of US.

Al Jazeera

Crude Prices Jump as Saudi Arabia Cuts Crude Production

July WTI crude oil (CLN23 ) this morning is up +1.19 (+1.66%), and July RBOB gasoline (RBN23 ) is up +4.01 (+1.60%). July Nymex natural gas (NGN23 ) is up +0.121 (+5.57%). Crude oil and gasoline prices this morning are moderately higher, with crude posting a 1-month high. Crude prices...

Barchart

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Sports Illustrated

Transfer Rumors: Messi Mulls Offers; Benzema Exit Opens Door for Kane to Real

Lionel Messi and Karim Benzema are both reportedly considering blockbuster moves to Saudi Arabia in this week’s transfer roundup.

Barchart

Stocks Mixed as Energy Stocks Gain after Saudi Arabia Cuts Crude Production

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.44%. U.S. stocks this morning are mixed. Energy stocks are...

Al Jazeera

Iran to reopen embassy in Saudi Arabia after seven years

The move comes in accordance with a China-brokered agreement between Tehran and Riyadh.

Daily Mirror

Tyson Fury and Oleksandr Usyk to split huge purse for heavyweight clash as figure revealed

Heavyweight champions Fury and Usyk are expected to meet in Saudi Arabia at the end of the year and the rivals could split a massive £120million purse for the undisputed fight

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The Guardian - UK

Yemeni activist who revealed Houthi sexual abuses ‘detained by Saudi Arabia’

Samira al-Houri disappeared after allegations that claims of female prisoners being raped were embellished

Investors Business Daily

Oil Prices Jump As Saudi Arabia Rattles Short Sellers

Oil prices popped Monday following Saudi Arabia's decision to cut oil production.

Barchart

Markets Today: Stocks Mixed with Energy Stocks Climbing as Saudi Arabia Cuts Oil Production

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.1%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.15%. U.S. stock index futures this morning are mixed. Energy stocks are climbing in pre-market trading as crude prices jumped more than +2% to a 1-month...

The Guardian - UK

Karim Benzema signs deal to join Saudi Arabia’s Al-Ittihad from Real Madrid

Karim Benzema has signed documents to join the Saudi Arabian club Al-Ittihad after confirming his departure from Real Madrid

Reuters

Iran to reopen its embassy in Riyadh on Tuesday - Fars news

Iran will reopen its embassy in Saudi Arabia’s capital on Tuesday, Iranian sources told semi-official Fars news agency, months after Tehran and Riyadh agreed to end years of hostility.

The Street

Oil Prices Leap As Saudi Arabia Unveils Lollipop to OPEC Production Cuts

"This is a Saudi lollipop," Saudi Energy Minister Prince Abdulaziz called the Kingdom's production cuts a "Saudi lollipop" that would "ice the cake of OPEC's efforts to stabilize global crude markets.

The Street

Stocks Mixed, Week Ahead, OPEC Cuts, Palo Alto Networks Joins S&P 500, AstraZeneca Lung Cancer Trial - 5 Things To Know

Stock futures edge higher as jobs report, debt deal boost global markets; Week Ahead: inflation data, Treasury bond sales in focus; Saudi Arabia agrees steep production cuts as OPEC seeks to 'stabilize' global markets; Palo Alto Networks leaps on S&P 500 inclusion, DISH Networks slumps and AstraZeneca unveils 'unprecedented' data…

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