Latest Saudi Arabia News

Oil prices climb in wake of Iranian oil sanctions decision

Apr. 23, 2019 5:55 PM EDT

NEW YORK (AP) — Global oil prices are rising in the wake of President Donald Trump's decision to impose sanctions on nations that import Iranian oil and could eventually climb to levels that would impact American consumers. Analysts said Tuesday that by taking Iranian crude off the market, the price of...

Saudi Arabia beheads 37 for terrorism crimes; most Shiites

Apr. 23, 2019 2:35 PM EDT

DUBAI, United Arab Emirates (AP) — Saudi Arabia on Tuesday beheaded 37 Saudi citizens, most of them minority Shiites, in a mass execution across the country for alleged terrorism-related crimes. It also publicly pinned the executed body and severed head of a convicted Sunni extremist to a pole as a warning...

The Latest: Analysts: Iran sanctions bullish for oil prices

Apr. 23, 2019 10:11 AM EDT

FRANKFURT, Germany (AP) — The Latest on the U.S. move to end Iran sanction exemptions (all times local): 4 p.m. Energy analysts at Raymond James & Associates are warning that U.S. imposition of tougher Iranian oil sanctions is "unambiguously bullish" for the price of oil. The analysts say in a report...

Saudi Arabia's Interior Ministry says kingdom has executed 37 nationals connected to terrorism

Apr. 23, 2019 9:35 AM EDT
DUBAI, United Arab Emirates (AP) — Saudi Arabia's Interior Ministry says kingdom has executed 37 nationals connected to terrorism.

Iran sanctions send oil prices, supply concerns higher

Apr. 22, 2019 5:58 PM EDT

NEW YORK (AP) — The Trump administration's decision to impose sanctions on countries that buy Iranian oil is raising concerns about global crude supply and sending oil prices to their highest levels since October. Industry experts said Monday that the sanctions could potentially remove up to 1.2 million...

World markets mixed, oil rises on Iran concerns

Apr. 22, 2019 6:02 AM EDT

BEIJING (AP) — World stock markets were mostly lower while oil prices surged for a second day Monday following reports Washington wants to block Iranian exports. Benchmarks in Shanghai and India sank while Tokyo and Seoul were little changed. London, Frankfurt, Hong Kong and Sydney were closed for...

Islamic State group says it's behind attack in Saudi Arabia

Apr. 22, 2019 3:05 AM EDT

CAIRO (AP) — The Islamic State group says it was behind an attack the previous day on a Saudi security building in the town of Zulfi in which all four gunmen were killed and three security officers were wounded. The kingdom's state-run al-Ekhbariya news channel had reported that police foiled Sunday's...

Sudanese protesters suspend talks with military

Apr. 21, 2019 3:20 PM EDT

KHARTOUM, Sudan (AP) — The organizers of Sudan's protests said Sunday they have suspended talks with the ruling military council because it has failed to meet their demands for an immediate transfer to a civilian government following the overthrow of President Omar al-Bashir. Mohammed al-Amin Abdel Aziz, a...

The Latest: Muslim organization chief condemns attack

Apr. 21, 2019 1:23 PM EDT

COLOMBO, Sri Lanka (AP) — The Latest on explosions in Sri Lanka on Easter Sunday (all times local): 10:10 p.m. The secretary general of the world's largest organization of Muslim nations has condemned the attacks in Sri Lanka that killed more than 200 people on Easter Sunday. The Organization of Islamic...

Bahrain king reinstates citizenship of 551 amid mass trials

Apr. 21, 2019 12:02 PM EDT

DUBAI, United Arab Emirates (AP) — Bahrain's king on Sunday reinstated the citizenship of 551 people convicted and stripped of their nationality amid a series of mass trials conducted as part of a yearslong crackdown on dissent. The surprise royal order gave no explanation for King Hamad bin Isa Al...