Saudi Arabia, Russia and their partners within OPEC+ announce a coordinated increase in oil production of 547,000 barrels per day. A strategic decision that disrupts the fragile balance of the global market and could reignite geopolitical tensions, as the standoff between Washington and Moscow intensifies.
Altcoins beat Bitcoin in April! In this article, find out why this trend will shake up the crypto market.
On May 13, 2025, in Riyadh, Donald Trump signed a strategic partnership with Saudi Arabia valued at 600 billion dollars. Beyond the amount, it is the nature of the alliance, encompassing defense, tech, and energy, that is striking. As Washington strengthens its foothold in the Middle East and Riyadh accelerates its post-oil transformation, this agreement redefines the power dynamics between two powers seeking global influence.
As oil prices plummet and demand remains sluggish, OPEC+ surprises by announcing a massive increase in its production starting in June. Eight members of the cartel break with recent caution and reignite uncertainty in an already tense market. Behind this turnaround lies a possible geopolitical and economic turning point, between a strategy of recovery and calculated risk-taking. This decision could reshape global energy balances.
Artificial intelligence is reshaping global economic balances, and Saudi Arabia intends to establish itself as an essential player. With a massive investment of $14.9 billion announced at the LEAP 2025 Tech Conference in Riyadh, the country clearly showcases its ambition: to become a leading technology hub. Thanks to its partnerships with giants like Google, Alibaba, Lenovo, and Qualcomm, the kingdom is not just injecting capital; it is building the infrastructure that could shape the future of innovation in artificial intelligence and cloud computing.
Saudi Arabia has unveiled an ambitious economic project led by Crown Prince Mohammed bin Salman, aiming to invest 600 billion dollars in the United States over four years. This commitment is part of the Kingdom's economic diversification strategy, a cornerstone of its Vision 2030. By strengthening its trade ties with Washington, Riyadh seeks not only to diversify its economic partnerships but also to consolidate its influence on the international stage. This plan, which comes amid a redefinition of global balances, underscores the growing importance of economic cooperation as a lever for geopolitical stability and mutual growth.
The BRICS have been presenting themselves for several years as a credible alternative to hegemonic economic blocs such as the G7. In this context of increasing rivalries among powers, Russia has taken steps to expand this alliance. It then invited Saudi Arabia and Turkey to join its ranks. Moscow hoped to strengthen the bloc's influence on the international stage and to face the pressures from Western economies. However, these efforts encountered a rejection. This setback illustrates the divergent interests among these nations, as well as the challenges that the BRICS face in expanding their circle of influence in a world where geopolitical balances are becoming increasingly complex.
On Tuesday, October 29, 2024, Saudi Arabia took a major strategic step by launching the largest ETF in the Middle East, backed by Chinese stocks listed in Hong Kong. Indeed, this exchange-traded fund, named Albilad CSOP MSCI Hong Kong China Equity ETF, goes beyond a mere financial operation, as it is part of a long-term vision aimed at consolidating the relationships between these two economic powers. In the face of volatility in the Chinese markets and global economic uncertainties, this launch is a clear indicator of Saudi ambitions to diversify their partnerships and increase their influence on the international financial stage.
Saudi Arabia, a heavyweight in the oil sector, is making headlines with a new price increase for oil buyers in Asia. This decision comes amid heightened volatility, exacerbated by geopolitical tensions in the Middle East and uncertainties surrounding global energy demand.
The international monetary system is in turmoil. The BRICS are exploring various avenues with varying degrees of success.
Saudi Arabia has joined the mBridge international payment system project. Another step towards the end of the petrodollar and bitcoin...
Saudi Arabia reportedly decided "not to renew its 50-year agreement on the petrodollar with the United States". Will the petro-bitcoin be next?
Saudi Arabia and other nations like Indonesia warn Europe against seizing Russian foreign reserves. Bitcoin on standby.
The Iran-Israel tension influences the markets: gold rises, oil fluctuates. What are the repercussions on the stock market and the oil sector?
Iran has recently called on the BRICS to establish a common currency to replace the dollar. This challenge to the dollar by Iran, but also increasingly by Saudi Arabia, explains why the Americans want to put an end to the Iranian regime. The end of the petrodollar would no longer allow the United States to finance its monstrous deficits through other countries.
China is one of the United States' fiercest competitors for global hegemony. At least in economic terms. To achieve this, the country seems to be pursuing a strategy of limiting or even reducing its investments in the United States. Saudi Arabia, which has just joined the BRICS, also seems to be doing the same, further confirming its plans to leave the dollar behind.