Saudi Arabia & Brent Crude
112 shared events · Importance 32 · Last updated May 12, 2026
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Business
Saudi Arabia: Saudi Arabia reported a 25% jump in first-quarter profits due to increased exports via its East-West Pipeline, mitigating the impact of disruptions in the Strait of Hormuz.
Brent Crude: The price of Brent Crude oil rose following an exchange of fire with U.S. forces, reflecting the impact of geopolitical events on global oil prices.
May 10, 2026 · 15 articles
International
Saudi Arabia: Saudi Arabia, as the de facto leader of OPEC, faces a major challenge to its influence and leadership within the oil cartel due to the United Arab Emirates' exit, which exacerbates an existing rivalry over economic and geopolitical issues.
Brent Crude: Brent Crude prices have been significantly affected by supply disruptions due to the Iran war and the effective closure of the Strait of Hormuz, with the United Arab Emirates' exit from OPEC potentially adding to future price volatility.
Apr 28, 2026 · 222 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.
Brent Crude: Brent Crude prices have surged to around $100 per barrel due to the conflict and disruptions in the Strait of Hormuz, significantly impacting global energy costs and inflation.
Apr 08, 2026 · 307 articles
International
Saudi Arabia: Saudi Arabia's CEO, Amin Nasser, warned that disruptions to oil exports through the Strait of Hormuz could delay market stability until 2027.
Brent Crude: Brent Crude futures rose due to the fragile peace talks and supply concerns, with potential for further increases if a deal is not reached.
May 12, 2026 · 6 articles
International
Saudi Arabia: Saudi Arabia suspended the US military's ability to use a Saudi base for operations in the Strait of Hormuz, expressing anger over Donald Trump's announcement to help escort ships through the strait.
Brent Crude: Reports of a possible peace agreement caused Brent Crude futures to tumble to two-week lows before recovering, reflecting market optimism about an end to disruptions in energy supplies.
May 06, 2026 · 47 articles
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.
Brent Crude: Brent Crude futures were up due to uncertainty over crude supply from the Middle East, despite earlier losses, reflecting the volatile market conditions caused by the conflict.
Apr 02, 2026 · 45 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.
Brent Crude: Brent Crude prices have risen significantly due to the ongoing conflict and disruptions to global energy supplies, reflecting market turmoil.
Apr 28, 2026 · 47 articles
International
Saudi Arabia: Saudi Arabia is a Gulf producer whose oil supply is connected to global markets via the Strait of Hormuz. A pipeline in Saudi Arabia used to bypass the Strait of Hormuz was reportedly struck by Iran.
Brent Crude: Brent Crude futures prices rose due to concerns over restricted energy flows through the Strait of Hormuz, indicating market volatility.
Apr 08, 2026 · 19 articles
International
Saudi Arabia: Saudi Arabia, as a leader of OPEC, is affected by the United Arab Emirates' decision to leave the organization, which weakens the cartel's position.
Brent Crude: The price of Brent Crude has risen significantly due to the closure of the Strait of Hormuz and the ongoing conflict, reflecting the global energy crisis.
Apr 27, 2026 · 80 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.
Brent Crude: Brent Crude prices have been highly volatile due to the conflict and the Strait of Hormuz blockade, reflecting market uncertainty and supply disruptions.
Apr 11, 2026 · 283 articles
International
Saudi Arabia: Saudi Arabia, a U.S. ally, refused to support Donald Trump's effort to reopen the Strait of Hormuz by force and communicated its non-involvement in U.S. attacks to Iran.
Brent Crude: Brent Crude futures have risen above $100 a barrel due to renewed fighting and tensions in the Strait of Hormuz, reflecting market concerns over oil supply disruptions.
May 04, 2026 · 139 articles
International
Saudi Arabia: Saudi Arabia is OPEC's largest producer and has had increasingly frosty relations with United Arab Emirates, which is now leaving the cartel.
Brent Crude: Brent Crude prices, hovering near $107 per barrel due to West Asia tensions, are a critical macro variable influencing inflation and corporate profitability globally, especially in India.
Apr 22, 2026 · 43 articles
International
Saudi Arabia: Amin H. Nasser, CEO of Saudi Arabia, stated that the world has lost about 1 billion barrels of oil over the past two months, highlighting the severity of the supply disruption.
Brent Crude: Brent Crude futures climbed over 3% to $104.47 a barrel due to the ongoing conflict and supply concerns.
May 10, 2026 · 6 articles
International
Saudi Arabia: Saudi Arabia activated its air defense systems to intercept incoming Iranian missiles and drones, indicating its direct exposure to the regional conflict and the associated security risks.
Brent Crude: Brent Crude prices rose to $109, a 50% increase since the war began, due to Iran's control over the Strait of Hormuz and its attacks on regional energy infrastructure, significantly impacting global energy markets.
Mar 29, 2026 · 65 articles
International
Saudi Arabia: Saudi Arabia's foreign minister held a phone call with the Iranian minister, indicating ongoing back-channel diplomacy to find a solution to the war.
Brent Crude: Brent Crude prices tumbled more than five percent following the announcement of the pause in US military operations, reflecting market relief and expectations of de-escalation.
May 06, 2026 · 6 articles
International
Saudi Arabia: Saudi Arabia suspended the US military's ability to use a Saudi base for operations in the Strait of Hormuz, angered by Donald Trump's announcement to escort ships, impacting US military strategy.
Brent Crude: Brent Crude prices plunged significantly on reports of a potential peace deal between the United States and Iran, reflecting market optimism that an end to the conflict would ease energy supply disruptions.
May 06, 2026 · 98 articles
International
Saudi Arabia: Saudi Arabia, a Gulf Arab country, is seeking to reduce tensions and enhance defense cooperation with the United States amidst regional instability.
Brent Crude: Brent Crude prices rose due to uncertainty surrounding the ceasefire and the status of the Strait of Hormuz, reflecting market concerns over global oil supply.
Apr 09, 2026 · 7 articles
International
Saudi Arabia: Saudi Arabia was mentioned as one of the countries that requested Donald Trump to pause the effort to guide ships out of the Strait of Hormuz, contributing to regional peace efforts.
Brent Crude: The spot price of Brent Crude oil fell to around US$100 per barrel, easing from earlier price jumps, but remains well above pre-war levels due to the closure of the Strait of Hormuz.
May 06, 2026 · 20 articles
International
Saudi Arabia: Saudi Arabia refused to support Donald Trump's effort to reopen the Strait of Hormuz by force and communicated its non-involvement in US attacks to Iran.
Brent Crude: Brent Crude oil prices climbed due to the escalating tensions in the Iran war, reflecting market concerns over supply disruptions.
May 07, 2026 · 31 articles
International
Saudi Arabia: Saudi Arabia is mentioned as one of the countries that requested Donald Trump to pause the effort to guide ships out of the Strait of Hormuz, contributing to regional peace efforts.
Brent Crude: The price of Brent Crude has been significantly affected by the conflict and the closure of the Strait of Hormuz, stabilizing around $100 a barrel as investors await developments.
May 06, 2026 · 57 articles
International
Saudi Arabia: Saudi Arabia condemned the drone attack on the Barakah nuclear power plant in the United Arab Emirates.
Brent Crude: Brent Crude prices have jumped about 50% since the start of the war due to oil supply disruptions caused by Iranian threats on shipping in the Persian Gulf.
May 17, 2026 · 7 articles
International
Saudi Arabia: Saudi Arabia is a regional counterpart with whom Abbas Araghchi spoke by phone.
Brent Crude: Brent Crude prices have risen significantly due to the disruption of oil shipments caused by the Strait of Hormuz standoff.
Apr 26, 2026 · 104 articles
International
Saudi Arabia: Saudi Arabia urged efforts toward a political solution to the conflict, indicating regional concern and support for de-escalation.
Brent Crude: Brent Crude prices dropped significantly following the announcement of the pause in US escort operations, reflecting market relief over de-escalation.
May 06, 2026 · 31 articles
International
Saudi Arabia: Pakistan's Prime Minister Shehbaz Sharif met with Saudi Arabia's Crown Prince Mohammed bin Salman to discuss diplomatic efforts and convey Pakistan's solidarity.
Brent Crude: Brent Crude prices have been highly volatile, surging due to the effective closure of the Strait of Hormuz and falling on hopes for a peace deal, reflecting the significant impact of the conflict on global energy markets.
Apr 08, 2026 · 702 articles
Regulatory
Saudi Arabia: Saudi Arabia is a key West Asian supplier from which India imports a large share of its LPG requirements.
Brent Crude: Brent Crude prices have remained elevated due to geopolitical tensions, influencing the international benchmarks to which India's commercial LPG prices are linked.
May 01, 2026 · 17 articles
International
Saudi Arabia: Saudi Arabia shut down operations at its Ras Tanura refining facility due to attacks in the region, further impacting global oil supplies.
Brent Crude: Brent Crude prices hit $83.07 per barrel due to the Middle East crisis, reflecting the instability in global energy markets.
Mar 06, 2026 · 6 articles
International
Saudi Arabia: Saudi Arabia reported damage to its crucial East-West pipeline from recent attacks, highlighting the regional impact of the conflict.
Brent Crude: The spot price of Brent Crude has risen by about 35% since the war began due to the closure of the Strait of Hormuz, reflecting market uncertainty over the ceasefire and oil transit.
Apr 09, 2026 · 40 articles
International
Saudi Arabia: Saudi Arabia condemned the strikes on the United Arab Emirates, aligning with regional concerns about Iranian aggression.
Brent Crude: Brent Crude prices have significantly increased due to the disruptions in the Strait of Hormuz and the escalating conflict, reflecting market concerns over oil supply.
May 04, 2026 · 46 articles
International
Saudi Arabia: Saudi Arabia provided a grant of oil to Syria in November, which was the only delivery publicly identified by the Syrian government.
Brent Crude: Syria purchased Russian oil at a discount to benchmark Brent Crude prices.
May 01, 2026 · 7 articles
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