Saudi Arabia

Anthropic releases public version of its most powerful AI model in the US, citing new safeguards

bne IntelliNews June 10, 2026

Anthropic has released Claude Fable 5, a public version of its most powerful AI model, two months after restricting an equivalent system over cybersecurity fears.

Saudi Arabia and Russia sign 13 agreements worth $1.28bn at St Petersburg forum

bnm Gulf bureau June 9, 2026

Saudi Arabia and Russia have signed 13 agreements worth SAR4.8bn ($1.28bn) in food security and agriculture at the St Petersburg forum, where the kingdom attended as guest of honour.

Fitch raises oil and gas sector outlook to improving on Hormuz closure price effect

bnm Gulf bureau June 8, 2026

Fitch has raised its 2026 oil and gas outlook to improving, lifting its Brent assumption to $87 on a five-month Strait of Hormuz closure, with prices seen at $100-110 before easing to $70 by September.

Asia needs Azerbaijan as Hormuz risks grow

Seymur Mammadov for News.Az in Baku June 8, 2026

The escalating crisis in the Middle East and severe disruptions to energy transportation through the Strait of Hormuz have once again demonstrated how vulnerable the global oil and gas market remains to instability.

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