Saudi’s hard choices on oil and influence

The country’s interests lie in price stability for the next five years, writes Nick Butler


The Israeli settlement of Har Homa (foreground), built in East Jerusalem, is seen in front of the West Bank city of Bethlehem (background) on September 1, 2014. Israel said it would expropriate 400 hectares (988 acres) of Palestinian land around Bethlehem, and allowed 45 days for any appeal. The Israeli army said the move stemmed from political decisions taken after the June killing of three Israeli teenagers snatched from a roadside in the same area, known to Israelis as the Gush Etzion settlement bloc. AFP PHOTO / AHMAD GHARABLI (Photo credit should read AHMAD GHARABLI/AFP/Getty Images) ©AFP
Israel’s plan to build thousands of settler homes in East Jerusalem is sparking international ire
– John Reed

Syrian Islamist rebel group looks to west

Ahrar al-Sham tells FT of more moderate line but critics are wary

Suicide attack in Saudi mosque kills 13

Fears of growing campaign by Sunni jihadis linked to Isis

Saudi announces 5-day Yemen ceasefire

Pause in fighting to allow aid to flow into war-torn state

Aggreko shares tumble on profit warning

Temporary power group hit by Yemen turmoil and fall in oil prices

UAE ends fuel subsidies to cut emissions

Fuel prices to be pegged to international benchmarks

Hammond warns of Russian agility in crises

Foreign secretary says need to secure public assent slows response

The toxic rivalry of Saudi Arabia and Isis

Riyadh’s main fear is of being outflanked on the religious right by jihadi extremists

Fate of Middle East is in Iran’s hands

Tehran can use assets to rebuild its infrastructure, or fund instability, writes Anwar Gargash

Saudi finances slip as FX reserves slide

Riyadh likely to report budget deficit of 17.5% of GDP this year

Gulf states ambiguous on Iran deal

Nuclear agreement may result in Saudi Arabia speeding up its own atomic programme

Saudi (oil) tap: Will crude output go up to 11m b/d?

Riyadh has a ‘Spinal Tap’ option to crank up the volume

Saudi crude output hits record in June

Production increases to meet peak summer demand and return of Iran

Saudis at war with Isis on Twitter

Opponents aim to dissuade would-be suicide bombers

Charity challenges MoJ on Saudi jails bid

Human rights group seeks review of attempt to provide services

Saudi citizen named as Kuwait attacker

Gulf state shows cross-confessional unity after attack on Shia

World Cup woes add to Qatar jitters

Companies in emirate hit by spending cuts as well as Fifa fallout

Scores killed in trail of terror

Bloody day of jihadi-linked violence across three continents

Suicide blast hits Kuwait Shia mosque

At least 25 killed in attack during Friday prayers

Abu Dhabi Louvre faces further delay

Completion put back amid regional turmoil and low oil price