Global News Saudi Arabia posts $33.5bn budget deficit amid drop in oil sales Source Author May 6, 2026 1 minute readKingdom announces sharp rise in budget shortfall amid the effective closure of the Strait of Hormuz.Post navigationPrevious: Israeli attacks on southern, eastern Lebanon kill at least six peopleNext: SC to hear on May 20 pleas on legislative power to tax mineral rights Related Stories Global News IPL: KKR bowlers, Finn Allen choke Delhi Source Author May 8, 2026 Global News Gukesh-Sindarov rivalry heats up in Poland with revenge win for Uzbek star in blitz event Source Author May 8, 2026 Global News Ukraine-Russia war latest: Trump announces three-day ceasefire and prisoner swap of 1,000 on each side Source Author May 8, 2026