Country: SA | Published: 2026-09-25
Saudi Arabia's security picture remains the dominant thread, with fresh Houthi missile attacks on Taif and Yanbu drawing condemnation from Gulf neighbors and France stepping in to
Saudi Arabia's security picture remains the dominant thread, with fresh Houthi missile attacks on Taif and Yanbu drawing condemnation from Gulf neighbors and France stepping in to help protect a key oil terminal. Oil markets are caught between two forces, rising on each intercepted strike and supply fear, then slipping as talks between the US and Iran raise hopes of reopening the Strait of Hormuz, where Saudi exports have hit wartime highs. Away from the geopolitics, deal activity continues, with Saudi and Indonesian parties eyeing potential agreements and a Saudi water company moving forward with a sizable IPO.