Geography and regional rivalries have prevented Gulf countries from finding a true alternative to the strait, which the war with Iran has effectively shut down.
Category: Saudi Arabia
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Why Little Was Done to Head Off Oil’s Strait of Hormuz Problem
The New York Times – Business: -
U.S. Tech Giants Flocked to the Persian Gulf. Now They Are Targets.
The New York Times – Business:Amazon, Google and others struck deals in the Persian Gulf to foot the bill for A.I. development. Iran has now threatened attacks against the companies’ infrastructure in the region.
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War With Iran Puts Further Strain on America’s Pessimistic Farmers
The New York Times – Business:Nearly 75 percent of farmers surveyed before the war said the crop sector was in a recession. They face bigger hurdles this planting season.
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Elon Musk’s xAI Gets $3 Billion Investment From Saudi-Backed A.I. Firm
The New York Times – Business:Humain, which was created by Crown Prince Mohammed bin Salman last year, said it made the investment just before xAI was acquired by SpaceX, Mr. Musk’s rocket company.
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Saudi Arabia, Once Shunned, Has Corporate Titans Swooning for Deals
Some of the most prominent U.S. executives gathered at the Kennedy Center for an event promoting deal-making with the oil-rich kingdom.
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Saudi Arabia Backs Elon Musk’s xAI With Data Center Deal
Mr. Musk’s xAI will work with the Saudi artificial intelligence company Humain on a new data center, part of Crown Prince Mohammed bin Salman’s effort to diversify his country’s economy.
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Melania Trump Goes Saudi Green
At the official dinner for Prince Mohammed bin Salman, the first lady offered an unexpected sign of allegiance.
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The C.E.O.s Who Came to Dinner (With the Saudi Crown Prince)
The presence of business leaders at a White House event for Crown Prince Mohammed bin Salman underscores a deepening of U.S. and Saudi ties.
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Trump Family’s Business Ties to Saudi Arabia Raise Ethics Worries
President Trump will host Crown Prince Mohammed bin Salman, Saudi Arabia’s de facto ruler, who oversees a major construction project that is in talks with the Trump family business.
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Why Arguments About Free Speech Don’t Apply to the Riyadh Comedy Festival
Bill Burr, Dave Chappelle and others have framed their participation as a matter of open expression. Yet they’re maddeningly vague about how much dissent is possible in Saudi Arabia.
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OPEC Plus Agrees to Small Boost in Oil Production
Saudi Arabia, the de facto leader of the oil cartel, sees advantages in increasing output despite market risks.
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Celebrities Gather to Celebrate Met Opera’s 2025 Season
Celebrities gathered to celebrate the Metropolitan Opera’s new season, which opened with “The Amazing Adventures of Kavalier & Clay.”