The Houthi rebels said the peace initiative could be a lasting commitment if the Saudi-led coalition fighting in Yemen stopped air strikes and lifted port restrictions.
After hours of talks with the pilots, team principals and Saudi officials, Formula One and governing body the FIA said it received "assurances" that the race in Jeddah can be held safely.
Saudi-led coalition says it has started an operation to "neutralise" targeting oil facilities, affecting security and to protect "global energy sources" from hostile attacks after Yemen's Houthis hit Saudi oil fields in Jeddah.
The Saudi-led coalition says an Aramco petroleum products distribution station in Jeddah was targeted by an attack, but that a fire in two tanks at the oil facility had been brought under control.
A senior Biden administration official has confirmed the decision to transfer a large number of Patriot antimissile interceptors to Saudi Arabia as the kingdom insists they are critical to their defence system.
Brigadier General Abdel Latif el Sayed survived the assassination attempt but at least four people were killed by the car bomb.
The number of executed surpassed even the toll of a January 1980 mass execution for the 63 militants convicted of seizing the Grand Mosque in Mecca in 1979.
Türkiye strongly condemned the 'heinous attack' by members of the Iranian-backed group who damaged the monument dedicated to Ottoman Empire troops.
Fears grow of a possible leakage of 1.1 million barrels of crude oil off the coast of Yemen.
The terror status will hurt the Houthis from several sides as the group will now struggle to access financial, commercial and arms routes.
The attack targeted a military camp in Midi, in Hajjah province near the border with Saudi Arabia, a Yemeni Defence Ministry source says.
Shifting regional geopolitical dynamics are creating new alliances and competition.
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