Saudi Arabia's quarterly fiscal deficit shrank nearly 75% as oil prices surged past $90 per barrel, driven by Middle East war tensions and Aramco

Oil sector's 24.7 per cent plunge drives April-June contraction

RIYADH: Saudi Arabia posted a budget deficit of SR34.3 billion ($9.14 billion) in the second quarter of 2026, bringing the Kingdom’s first-half shortfall to SR160 billion,…