Saudi Arabia’s financial position ‘strong’, economic activities going normally: Ministry

07/03/2026 Argaam
Logo ofMinistry of Finance

Logo of Ministry of Finance

Saudi Arabia has a strong financial position and that it has access to multiple export routes, including the Red Sea, a week after the outbreak of the US-Israeli war with Iran.

 

A ministry spokesperson said in a statement carried by Reuters that economic activity across Saudi Arabia continues to operate normally.

 

The ministry continues to closely monitor economic and financial indicators, and current data confirm that our financial position and medium-term outlook remain strong, the spokesperson added.

 

The ministry noted that energy markets have reacted to recent developments, with oil prices currently rising. It added that Saudi Arabia’s energy export infrastructure remains resilient, with the Kingdom able to rely on multiple export routes, including the Red Sea.

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