Saudi, Trump and Houthis
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Saudi, Oil prices
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Saudi Arabian authorities issued air-raid alerts for Riyadh early Saturday, the first in the capital since the height of the US-Iran war in March and April.
The situation is a result of reduced deliveries of crude oil via Saudi Arabia's East/West pipeline which was attacked by Houthi rebels from Yemen. Warren Buffett's son Howard replaces him as Chair of Berkshire Hathaway. And we why US College football is coming to Wembley Stadium in London.
Trump says the U.S. may be nearing the end of its nearly seven-month war with Iran, as he signals Tehran is open to a deal.
Saudi Arabia faces the biggest threat to its oil production since 1932 as Houthis launch attacks near the Red Sea's Bab el-Mandeb Strait, an expert says.
Saudi Arabia said debris from an intercepted Houthi drone killed one person, while the leader of the Iran-backed Houthis called for protests and said the kingdom committed a “monstrous fabrication” when it accused the rebels of trying to attack Islam’s holiest city.
The U.S. Department of State has made a determination approving a possible foreign military sale to the Kingdom of Saudi Arabia for their purchase of F-35 Lightning II Joint Strike Fighter and related equipment.
Israel plans to seek access to advanced American weapons and joint defense development programs following Washington’s notification that it intends to sell Saudi Arabia F-35 stealth fighter jets in a deal valued at approximately $25 billion,