Saudi Arabia & World Bank Group
15 shared events · Importance 6 · Last updated May 09, 2026
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International
Saudi Arabia: Saudi Arabia's Finance Minister, Mohammed bin Abdullah Al-Jadaan, expressed caution about the global economic outlook, emphasizing the need for free movement of tankers through the Strait of Hormuz with reasonable insurance and dropping energy prices.
World Bank Group: The World Bank Group acknowledged its limited ability to mitigate economic damage from geopolitical shocks, pledged financing assistance, and warned of a worsening global economic outlook due to the conflict.
Apr 02, 2026 · 45 articles
International
Saudi Arabia: Saudi Arabia, as a Gulf Arab country, experienced significant crude production losses and a sharp decline in jet fuel exports due to the Iran war.
World Bank Group: The World Bank Group warned against hoarding energy supplies or imposing export curbs, amid a significant shock to the global energy market.
Apr 08, 2026 · 307 articles
International
Saudi Arabia: Saudi Arabia hosted a meeting of Gulf leaders to craft a response to Iranian attacks, indicating its role in regional security amidst the conflict.
World Bank Group: The World Bank Group has forecast a significant surge in energy prices for 2026 if the disruptions from the Iran war continue, indicating the broad economic impact of the conflict.
Apr 28, 2026 · 47 articles
International
Saudi Arabia: Saudi Arabia reportedly refused to allow US forces to use its airspace and bases for the Hormuz operation, influencing the US's tactical decisions.
World Bank Group: The World Bank Group is called upon by 11 finance ministers to provide coordinated emergency support to countries affected by the Middle East war.
Apr 11, 2026 · 283 articles
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