Saudi Non-Oil Activity Hits Four-Month High Despite Export Slump
Domestic demand and project approvals lifted Saudi Arabia’s non-oil PMI in June, but export weakness and cost pressure show that growth remains uneven.
Domestic demand and project approvals lifted Saudi Arabia’s non-oil PMI in June, but export weakness and cost pressure show that growth remains uneven.
The reversal of tankers near the Strait of Hormuz shows how quickly maritime security risk can affect energy flows, shipping insurance and Gulf supply-chain…
Regional equities weakened as shipping risk, oil volatility and renewed US-Iran confrontation pushed investors back into defensive positions.
Regional equities have moved between gains and caution as investors attempt to price diplomatic progress, energy flows and the risk of renewed escalation.
A Reuters survey shows a major recovery in OPEC production after months of disruption, led by Gulf producers and a gradual reopening of regional…
A post-disruption surge in Gulf supply is giving independent Chinese refiners access to discounted non-sanctioned barrels, changing the pricing balance with Russian and Iranian…
Ship-tracking data point to a sharp June recovery in regional energy flows, although exports remain below pre-war volumes and shipping risk has not disappeared.
Consumer inflation averaged 1.8%, while housing and personal-care costs rose faster and wholesale prices increased 3.2%.
Coach Georgios Donis says the team will play proactively rather than defend passively against a Uruguay side managing key injury concerns.
A foreign ministry official said the Kingdom’s approach remained centred on dialogue, security and political solutions.