Saudi Arabia posts $33.5bn budget deficit amid drop in oil sales Post author:mck Post published:May 6, 2026 Post category:Blog Kingdom announces sharp rise in budget shortfall amid the effective closure of the Strait of Hormuz. You Might Also Like Largest US retailer Walmart warns of price hikes because of tariffs May 15, 2025 US-Israel war on Iran: What’s happening on day 27 of attacks? March 26, 2026 11 Of A Family Returning Home Killed After Their Bus Hit By Israel: Hamas October 18, 2025