The Future Investment Initiative, a centerpiece of Saudi efforts to diversify its economy from its reliance on the energy industry, was set to begin next week.
Category: Saudi Arabia
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Saudi Arabia Postpones Its FII Investment Event After Houthi Attacks
The New York Times – Business: -
Attacks on Tankers in Mideast Surge, but Oil Exports Remain Steady
The New York Times – Business:Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.
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Attacks on Tankers in Mideast Surge, but Oil Exports Remain Steady
The New York Times – Business:Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.
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Oil Prices Rise as Iran Steps Up Attacks and Fighting Intensifies
The New York Times – Business:In a volatile moment for energy markets, more vessels are being hit while transiting the Strait of Hormuz, while the Houthis and Saudi Arabia traded attacks.
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War Collides With Saudi Ambition at a Gathering of Oil Powers
The New York Times – Business:The tone of the WPC Energy Congress in Riyadh this week was defiant even as delegates were forced to redirect travel or address the audience from afar.
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Strikes Put Saudi Arabia’s Economy Under Pressure
The New York Times – Business:Deadly attacks on the main Saudi airport add to the challenges facing the country, as it seeks to maintain energy production and keep major events on track.
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World’s Energy Order Tested Again as Iran War’s Reach Extends Further
The New York Times – Business:“We are entering an age of prolonged insecurity,” one former U.S. energy official said of what have become chronic threats on the Middle East’s energy core.
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Burst of Attacks in Gulf Heightens Fears Over Fragile Energy Trade
The New York Times – Business:Strikes on tankers in the Strait of Hormuz and oil infrastructure in Saudi Arabia came as the region’s exporters were getting more oil to the world market.
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Global Oil Price Drops Below $100 a Barrel
The New York Times – Business:Investors anticipated that a damaged Saudi Arabian pipeline may be close to reopening, allowing more oil from the region to reach world markets.
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U.S. Intelligence Warns of China Theft Over Sale of F-35 Jets to Saudis
The New York Times – On the Runway:Internal reports, including one from the Pentagon’s Defense Intelligence Agency, say China could acquire U.S. jet technology through spying or cooperation with Saudi Arabia.
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Global Oil Prices Could Hit Highest Levels in Months After Saudi Pipeline Attacks
The New York Times – Business:Estimates vary on how long it could take before a crucial pipeline is repaired, but a prolonged shutdown could push oil prices to their highest levels in months.
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Houthis Say They Downed a Saudi Fighter Jet and Deny Targeting Mecca
The New York Times – On the Runway:The Iran-backed militia in Yemen made its claim hours after a Saudi-led military coalition accused it of firing a drone near the Muslim holy city.