MOSCOW — On May 8, Sergey Lavrov called Saudi Foreign Minister Faisal bin Farhan and proposed restoring Hormuz navigation to its pre-late-February
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Table of Contents The Caspian Corridor: Factory to Port in 2,400 Kilometres What Is Russia Sending Through the Caspian? Why Can’t the
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{“content”: “ TEHRAN u2014 On the morning of May 9, 2026, Iran spoke with two voices that pointed in opposite directions, and
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DUBAI — On May 8, 2026 — the day Iran’s formal response to the 14-point ceasefire memorandum of understanding was due to
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Brent Crude Swings $12 as Trump Calls CENTCOM Strikes a ‘Love Tap’ DHAHRAN — Brent crude whipped through a $12 intraday range
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ABU DHABI — Iran fired two ballistic missiles and three drones at the United Arab Emirates on May 8, the same day
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RIYADH — Saudi Arabia and Kuwait formally lifted restrictions on US military use of their bases and airspace on May 7-8, 2026,
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CHANGED {“content”: “ WASHINGTON u2014 The 14-point memorandum of understanding between the United States and Iran, reported by Axios on May 6,
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RIYADH — PIF’s board of directors, chaired by Crown Prince Mohammed bin Salman, approved a 2026–2030 strategy on April 15 that shifts
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RIYADH — Saudi Arabia informed the United States military that it could not use Prince Sultan Airbase or Saudi airspace to support
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NEOM — On April 15, Yasir Al-Rumayyan stood before investors and said the thing that nobody inside the Public Investment Fund had
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Table of Contents 228 Specialists and the Architecture They Walked Into What Does Saudi Arabia’s PAC-3 Inventory Actually Look Like Before Hajj?
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PARIS — Iran has struck two CMA CGM vessels in 17 days — escalating from a projectile hit on the 15,300-TEU Everglade
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DUBAI — A cruise missile struck the CMA CGM San Antonio, a 2,824-TEU Maltese-flagged containership en route to Mundra, India, during its
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DHAHRAN — The memo of understanding being negotiated between Washington and Tehran offers a thirty-day window to resolve the conditions under which
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ABU DHABI — Iranian forces struck the United Arab Emirates for the second consecutive day on May 5, launching 15 missiles and
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{“content”: “ {“content”: “ n RIYADH u2014 Saudi Arabia’s first-quarter budget deficit of SR125.7 billion, disclosed by the Ministry of Finance on
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BEIJING — Iranian Foreign Minister Abbas Araghchi landed in Beijing on May 6 for his first face-to-face with Chinese Foreign Minister Wang
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TEHRAN — Iran’s “Hormuz first, nuclear later” proposal — formally embedded in the 14-point plan submitted to Washington on May 2 —
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WASHINGTON — Defense Secretary Pete Hegseth and Gen. Dan Caine, Chairman of the Joint Chiefs of Staff, confirmed on May 5 that
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{“content”: “ Saudi Arabia’s Economy Is Recovering. That Is the Problem. n RIYADH u2014 Saudi Arabia’s non-oil purchasing managers’ index rose to
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TEHRAN — Abbas Araghchi’s statement on May 5 contained two propositions that Western correspondents treated as contradictory: Pakistan’s mediation is “making progress,”
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WASHINGTON — Project Freedom’s first operational day on May 4 produced a military transit and a diplomatic catastrophe in equal measure. Two
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{“content”: “ REPLACED OK n DHAHRAN u2014 At $114 per barrel, Brent crude sits three dollars above Saudi Arabia’s fiscal break-even and
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DUBAI — Major General Ali Abdollahi, commander of Iran’s Khatam al-Anbiya Central Headquarters, warned on May 4 that “any foreign military force,
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