Country: SA | Published: 2026-09-17
Saudi Arabia's security picture has deteriorated, with Houthi forces claiming to shoot down a Saudi F-15 and regional rhetoric escalating around the Mecca defense pact, even as US
Saudi Arabia's security picture has deteriorated, with Houthi forces claiming to shoot down a Saudi F-15 and regional rhetoric escalating around the Mecca defense pact, even as US officials signal hopes the wider Iran conflict is winding down. On the supply side, Aramco is working to restore roughly half of East-West Pipeline capacity within days after weeks of shutdowns, and oil is holding a drop as those restoration efforts proceed. Gulf central banks, including Riyadh's, have raised rates in step with the Fed, keeping monetary policy anchored to the dollar peg.