On Thursday, 19 February 2026, a very important meeting took place between Saudi Crown Prince Mohammed bin Salman (MBS) and US Senator Lindsey Graham at Al-Yamamah Palace in Riyadh. In this meeting, both the leaders had a serious discussion on the increasing tension in the region and the issue of Iran. While on one hand America and Saudi Arabia are trying together to handle the situation, on the other hand MBS has given a big and clear message regarding the use of its borders.
What is Saudi’s decision on Iran attack?
The biggest news that has come out of this meeting is related to the use of Saudi Arabia’s airspace. According to reports, MBS has clearly told the American leadership that if America takes any military action or strike against Iran, then Saudi Arabia will not allow it to use its airspace. Saudi Arabia is currently trying its best to reduce tension (de-escalation) and wants the solution to be found only through dialogue. At the same time, Senator Graham has warned that decisions regarding Iran can now be taken not in months, but in ‘weeks’.
Changes in banking and contract rules from 20th February
Amidst political tension, the Saudi government has also taken steps to provide relief to the common people and businessmen. Banking service fees have been reduced in Saudi Arabia from Friday, 20 February 2026, to make financial transactions easier. Apart from this, a new rule has also been implemented:
Now Saudi government agencies will be able to give contracts even to those foreign companies whose regional headquarters are not in Saudi. This rule has been brought to provide flexibility in view of the current situation.
What is the situation for travelers and migrants?
Even though the statements of the leaders may be heated, efforts are being made to keep the ground situation normal for the general public. Preparations are going on in full swing at Saudi airports to welcome the passengers coming for Ramadan. This shows that everything is ‘Business as usual’ for the public. However, experts believe that Indians living in Gulf countries should keep an eye on the news as there may be some volatility in oil prices and markets.