Newly revealed documents show Saudi Arabia purchased advanced air defense systems from Russia, raising geopolitical concerns.
The leak reveals that Saudi Arabia agreed to pay Russia over 2 billion euros under a contract signed in 2021 involving companies that were repeatedly sanctioned, both before and after Russia’s full-scale invasion of Ukraine.
Russia has been exporting arms to countries including Saudi Arabia, bolstering its economy after a barrage of sanctions followed its full-scale invasion of Ukraine in 2022.
Saudi Crown Prince Mohammed bin Salman pledges $600 billion in US investments, backed by Trump’s endorsement. This move might leverage Saudi influence
Saudi Arabian Crown Prince Mohammed bin Salman told President Donald Trump that the kingdom wants to put $600 billion into expanded investment and trade with the United States over the next four years, the Saudi State news agency said early on Thursday.
President Donald Trump is emphasizing that targeting Russia’s oil revenue is the best way to get Moscow to end its nearly three-year war against Ukraine
The Ukraine war is about Russia's national security and not about oil prices, the Kremlin said on Friday after U.S. Donald Trump called for a cut in the price of oil.
The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.
Saudi Arabia plans to invest $600 billion in the US over the next four years, a move attributed to Donald Trump's solid relationships with the Saudi royal family. Concurrently, the US president has stated a desire to end the war in Ukraine with Saudi assistance by influencing global oil prices.
The Russian Foreign Ministry added that Sergey Lavrov and Prince Faisal bin Farhan Al Saud touched on practical steps to further enhance Russian-Saudi cooperation
The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country’s $1 trillion wealth fund. The U.K., Italy and Japan have already partnered on the Global Combat Air Programme, which aims to put a new stealth fighter with supersonic capability in the skies by 2035.
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