DUBAI, United Arab Emirates — An attack by Yemen’s Houthi rebels targeted a tanker in the Red Sea early March 15 but the ship’s crew was unharmed, authorities said.

DUBAI, United Arab Emirates — Saudi oil giant Aramco on March 10 reported it made $121 billion in profit last year, down from its 2022 record because of lower energy prices.

DUBAI, United Arab Emirates — A missile attack by Yemen's Houthi rebels on a commercial ship in the Gulf of Aden killed three of its crew members and forced survivors to abandon the vessel March 6.

DUBAI, United Arab Emirates — Three Red Sea cables providing internet and telecommunications around the world have been cut as the waterway remains a target of Yemen’s Houthi rebels.

DUBAI, United Arab Emirates — Saudi Arabia and Russia agreed Sept. 5 to extend their voluntary oil production cuts through the end of this year.

DUBAI, United Arab Emirates — Saudi Arabia said Oct. 13 that the U.S. had urged the kingdom to postpone a decision by OPEC and its allies — including Russia — to cut oil production by a month.

DUBAI, United Arab Emirates — An oil tanker off Saudi Arabia’s port city of Jiddah suffered an explosion early Dec. 14 after being hit by “an external source,” a shipping company said.

Mexico says it has reached an agreement with the United States that will allow it to agree to a deal on production cuts with OPEC, Russia and other countries.

DUBAI, United Arab Emirates — Saudi Arabia’s state-run oil giant Saudi Aramco said March 10 it would increase its crude oil production to 12.3 million barrels a day in April, a record amount.

RIYADH, Saudi Arabia — The long-planned initial public offering of a sliver of Saudi Arabia’s state-run oil giant Saudi Aramco will see shares traded on Riyadh’s stock exchange in December, a Saudi-owned satellite news channel reported Oct. 29 as the kingdom’s marquee investment forum got underway.