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Budget

Japan eyes extra budget as oil prices strain economy

18 May 2026-11:52
Diesel price surge from Iran conflict strains US schools’ finances

Rising diesel prices due to the Iran war are straining U.S. school district budgets, making student transportation and generator use increasingly costly—expenses officials warn may soon become unaffordable.

16 May 2026-14:47
Japan weighs extra budget to ease fuel price impact

14 May 2026-09:59
Iran war boosts Russian budget revenues but energy tax take still lags 2022 levels

Russia’s state revenues from oil and gas have risen sharply following the escalation of the war in Iran, but overall energy tax income remains significantly below levels seen in 2022, according to finance ministry data.

13 May 2026-17:16
U.S. spending on Iran war nears $29B, Pentagon says

The Pentagon reported on Tuesday that the war with Iran has cost nearly $29 billion, as President Donald Trump comes under increasing scrutiny over the conflict and its effects on U.S. military readiness.

12 May 2026-21:34
Saudi Arabia posts $33.5B budget deficit on oil revenue drop

Saudi Arabia has recorded a sharp increase in its budget deficit, driven by declining oil revenues amid disruptions linked to the effective closure of the Strait of Hormuz.

06 May 2026-16:36
Israel greenlights $270M budget for West Bank settlement roads

Israel's government has approved a budget of approximately $270 million to construct roads linking illegal settlements in the occupied West Bank, according to a report by Haaretz on Monday.

04 May 2026-18:31
Pentagon seeks $1.5T budget after $25B spent on Iran conflict

A senior Pentagon official testified before a House committee on Wednesday, stating that the U.S. has spent about $25 billion on the war against Iran.

29 Apr 2026-19:44
Kyiv hits Tuapse refinery for third time, deepening energy crisis - VIDEO

A Ukrainian drone strike sparked a “massive” fire at a Russian oil refinery in Tuapse on Tuesday, as Kyiv stepped up its campaign to target a critical generator of funding for Vladimir Putin’s war chest.

29 Apr 2026-11:07
Ryanair, Transavia, other budget airlines slash flights as fuel costs surge

28 Apr 2026-12:08

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