Military expenditure rose above $17bn in first three months of year as Iran launched strikes around Gulf
Investing in alternatives to this and other maritime chokepoints is costly but necessary
With the Strait of Hormuz choked off, Riyadh focuses on Red Sea infrastructure
Middle East conflict forces Riyadh to postpone any response to the UAE’s decision to quit the oil cartel
After putting on a united front during the Iran war, the Gulf’s most consequential rivalry has burst into the open again
Sovereign wealth fund reconsiders backing for lossmaking golf tour as Iran war prompts investment rethink
Governor says near-$1tn PIF will focus on efficiency without retreating from global deals
Iran, Kuwait and UAE also report attacks despite start of two-week ceasefire
World’s biggest crude exporter to ask Asian customers for close to $20 a barrel on top of benchmark prices
Series based on 1987 crisis was filmed four years ago, then shelved as Riyadh and Tehran improved ties. Now viewers may finally see it
Conflict prompts countries to revisit plans that replicate Saudi Arabia’s East-West pipeline despite huge cost and complexity
Almost five weeks after US and Israel attacked Iran, Washington’s Gulf ally frets about the damage
Delegates at a Miami conference urged to continue investing in the region
Futuristic facility was part of kingdom’s $500bn Neom mega-project
World has come to depend on capital from the region more deeply than many realise
The détente between the two nations has unravelled as Middle East war triggers Iranian retaliation
Saudi Arabian détente with its regional rival has unravelled as US-Israeli war triggers furious Iranian retaliation
Millions of barrels of crude oil remain trapped by shutdown of the Strait of Hormuz
Data centres, energy projects and hotels move to limit potential losses
Infrastructure in the region plays a critical role in global power supply
Analysts estimate Saudi Arabia has roughly two weeks before it would need to start cutting crude output
Foreign minister highlights Islamabad’s defence agreement with Riyadh
Charter operators vie to secure slots in Muscat as airports in UAE and Qatar remain constrained
Saudi Arabia and UAE boost shipments as contingency plans are drawn up for potential disruption to oil flows
Riyadh seeking to attract increased foreign capital as part of modernisation plan
