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 Russia-Ukraine war: List of key events, day 1,420 January 14, 2026 Trump administration takes control of Washington’s Union Station train hub August 27, 2025 Trump mimics sound of Patriot missile interceptions August 1, 2026