Saudi Arabia Archives - Page 7 of 25

Iran’s Shadow War on the World’s Digital Arteries Tehran Threatens Global Communications Networks as Tensions Escalate

May 20, 2026 Clark Savage126

As the conflict between Iran and the U.S.-led coalition intensifies, Tehran is signaling a dangerous new front: the world’s undersea fiber-optic cables. Iranian state-linked media has explicitly warned that the concentration of critical data cables in the Strait of Hormuz creates a “vulnerable point” for the region’s digital economy — and by extension, the global […]

Aramco Shoring Up Their Balance Sheet Through Privatization Plan

May 15, 2026 Clark Savage300

Saudi Aramco, the world’s largest oil producer, is embarking on its most ambitious privatization and asset monetization drive in its 93-year history. The company aims to raise up to $35 billion by opening midstream, downstream, and non-core assets to Wall Street investors through sale-leaseback deals, minority stake sales, and infrastructure partnerships. This move is explicitly […]

OPEC+ Has Plan to Complete Series of Quota Hikes

May 14, 2026May 14, 2026 Clark Savage340

In a move that signals business-as-usual intent amid extraordinary disruption, OPEC+ delegates have outlined plans to press ahead with a series of oil production quota increases, aiming to fully unwind the final layer of voluntary cuts announced in 2023 by the end of September 2026. According to Bloomberg reporting, key members intend to raise targets […]

Saudis Tell OPEC That Oil Output Sank Again to Lowest Since 1990

May 13, 2026 Clark Savage244

Saudi Arabia has delivered a stark update to OPEC: its crude oil production plunged another 651,000 barrels per day (b/d) in April, hitting just 6.316 million b/d—the lowest level since the 1990 Gulf War. According to a monthly report from OPEC’s secretariat obtained by Bloomberg, the kingdom’s output has now fallen a cumulative 42% since […]

“Normalize” in the context of Aramco CEO Amin Nasser’s statement refers to the global oil/energy market fully rebalancing and stabilizing and not till 2027

May 11, 2026 Clark Savage234

This means restoring normal supply-demand equilibrium, rebuilding severely depleted global inventories, repositioning tankers and supply chains, restarting/rebalancing production flows, ending demand rationing/destruction, and removing the geopolitical risk premium that has driven price volatility and tightness. Nasser emphasized that simply reopening shipping routes (like the Strait of Hormuz) is not the same as market normalization, due […]

How Effective is the Iran Back Door Rail Line to China?

May 8, 2026 Clark Savage530

As U.S. naval pressure intensifies around Iran’s ports and the Strait of Hormuz, Tehran is accelerating use of its overland rail connection to China as a sanctions-busting “back door.” The route, part of Beijing’s Belt and Road infrastructure push, offers a faster, blockade-resistant alternative for goods — but how much can it really move, especially […]

Fujairah confirms FOIZ fire after drone strike, and Gulf States may prepare a response

May 4, 2026May 4, 2026 Clark Savage247

Authorities in the United Arab Emirates’ Fujairah emirate have confirmed that a fire broke out at the Fujairah Oil Industries Zone (FOIZ) following a drone strike originating from Iran. Civil defense teams responded immediately and continue to contain the blaze, with no injuries reported. The incident comes amid heightened regional tensions, as Gulf states weigh […]

Why did the UAE leave OPEC, and what is the Global Impact

April 29, 2026April 29, 2026 Clark Savage228

The United Arab Emirates (UAE) has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance, effective May 1, 2026—marking the end of nearly 60 years of membership since 1967. This move strips OPEC of its third-largest producer and delivers a significant blow to the cartel’s ability to […]

Ukraine Strikes Russia’s Tuapse Refinery. How Many Refineries Are Out of Commission Around the World?

April 29, 2026 Clark Savage303

Ukrainian drone strikes continue to hammer Russian oil infrastructure, with the latest assault on the Tuapse Oil Refinery in Krasnodar Krai marking the third hit on the facility in April alone. Overnight on April 27-28, 2026, drones ignited fires and damaged additional storage tanks, triggering a state of emergency, an oil spill, and direct Kremlin […]

The UAE has officially announced its withdrawal from both OPEC and the broader OPEC+ alliance, effective May 1, 2026

April 28, 2026April 28, 2026 Clark Savage561

This is not a rumor—it’s confirmed today (April 28, 2026) via the state-run Emirates News Agency (WAM). The move ends nearly 60 years of membership in OPEC (a founding member) and marks the most significant fracture in the cartel in decades. The official rationale, per WAM and UAE Energy Ministry statements, is a “comprehensive review of […]

Tag: Saudi Arabia

Iran’s Shadow War on the World’s Digital Arteries Tehran Threatens Global Communications Networks as Tensions Escalate

Aramco Shoring Up Their Balance Sheet Through Privatization Plan

OPEC+ Has Plan to Complete Series of Quota Hikes

Saudis Tell OPEC That Oil Output Sank Again to Lowest Since 1990

“Normalize” in the context of Aramco CEO Amin Nasser’s statement refers to the global oil/energy market fully rebalancing and stabilizing and not till 2027

How Effective is the Iran Back Door Rail Line to China?

Fujairah confirms FOIZ fire after drone strike, and Gulf States may prepare a response

Why did the UAE leave OPEC, and what is the Global Impact

Ukraine Strikes Russia’s Tuapse Refinery. How Many Refineries Are Out of Commission Around the World?

The UAE has officially announced its withdrawal from both OPEC and the broader OPEC+ alliance, effective May 1, 2026

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