That's the number of deals Saudi Arabian Oil Co., known as Aramco, said Wednesday that it had inked with U.S. companies. The deals, with a potential combined value of $90 billion, came as President Trump visited Saudi Arabia and other Middle Eastern countries.

Asia-Pacific trade envoys will gather this week in South Korea for discussions on multilateral cooperation, with talks taking place at a time when countries are scrambling to respond to U.S. President Donald Trump's sweeping tariffs.

Amazon, Google, and Nvidia are among those who struck deals during Trump's visit to the Middle East, his first major overseas trip of his second term.

In a geopolitical chess game with billions at stake, Saudi Arabia, the U.S. and Nvidia all have something to gain.

Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact breakeven prices, rig counts, and investors.

Brent crude futures rose 88 cents, or about 1.35%, to $65.84 a barrel by 1417 GMT. U.S. West Texas Intermediate (WTI) crude was up $1.13, or

The kingdom is not the only Gulf Arab state to be accused of abusing migrant laborers in the run-up to a World Cup. Rights groups also criticized Qatar, which hosted the competition in 2022, saying they tallied thousands of unexplained worker deaths.

Shares of energy companies fell as a four-session winning streak for oil futures was snapped by bearish storage data. Commercial crude oil stocks excluding the Strategic Petroleum Reserve rose by 3.5 million barrels to 441.8 million barrels in the week ended May 9, and were about 6% below the five-year average for the time of year, the EIA said.

Saudi Arabia's strategic pivot is about letting go of the illusion of market control and moving production back up toward capacity.

Trump met with Saudi Crown Prince Mohammed bin Salman and attended a US-Saudi investment forum along with Elon Musk and other top CEOs.

Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion, down 4.6% from the prior year.