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 Arabia is poised to invest £466 billion in the US over the next four years. This stems from Donald Trump's close relationships with the royal family. Simultaneously, the US president has declared his intention to end the war in Ukraine,

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.

MOSCOW (Reuters) - 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. Trump on Thursday said he will demand Saudi Arabia and OPEC bring down the cost of oil.

In fact, the Saudi Press Agency’s announcement that the kingdom would invest $600bn was based on the royal palace’s readout of a Wednesday phone call between Trump and Saudi Crown Prince Mohammed bin Salman. This is Trump’s first phone call with a foreign leader since his inauguration earlier this week.

Addressing the World Economic Forum, the US president pledged to apply pressure on OPEC, claiming that a drop in the price of oil would end Russia's full-scale invasion of Ukraine.View on euronews

President Trump held his first official call with a foreign leader since being sworn in for his second term with Saudi Crown Prince Mohammad Bin Salman, a controversial figure who Trump on

Saudi Energy Minister Prince Abdulaziz bin Salman held talks on Monday with his Iraqi and Libyan counterparts, Hayan Abdel-Ghani and Khalifa Abdulsadek, in Riyadh on efforts to support the stability of global energy markets,

Italy is in favour of Saudi Arabia joining the GCAP fighter jet programme, which currently involves Italy, Britain and Japan, Italian Prime Minister Giorgia Meloni said on Monday.

On January 27, Italian Prime Minister Giorgia Meloni said Italy is in favor of Saudi Arabia joining the Global Combat Air Program (GCAP), according to the Italian Prime Minister’s Office. Italy, Japan, and the U.K. launched the GCAP in December 2022 with a goal of deploying the next-generation fighter by 2035.

"Come make your product in America and we will give you among the lowest taxes of any nation on earth ... But if you don't make your product in America, which is your prerogative, then very simply you will have to pay a tariff," Trump said.