Saudi Arabia is in early talks to raise at least $8 billion in new loans as the Iran war strains its finances and disrupts trade.

Intelligence summary

Saudi Arabia is in early talks to raise at least $8 billion in new loans as the Iran war strains its finances and disrupts trade. State oil giant Aramco is also exploring a separate loan, while Riyadh faces a $9.1 billion Q2 deficit despite higher oil prices. Source: Bloomberg