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Budget-friendly

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
27 EU leaders gather in Cyprus: Ukraine, Gaza and energy crisis on table

The leaders of all 27 member states of the European Union are gathering in the Cyprus today for an informal European Council summit set against rising global tensions and economic pressure.

23 Apr 2026-12:43
Ukrainian drone strikes force sharp drop in Russian oil production

In a sign of the mounting effects of Ukrainian drone strikes on the Russian energy economy, Russia's oil producers appear to have cut back output this month by as much as 400,000 barrels per day.

22 Apr 2026-12:41
US budget deficit widens in March as tax breaks boost refunds

The United States reported a higher budget deficit in March, as increased tax refunds and relief payments outweighed modest gains in revenue, according to the U.S. Department of the Treasury.

10 Apr 2026-22:50
France eyes 36B euro defense budget boost

France plans to increase its defense budget by 36 billion euros ($39 billion) by 2030, according to a proposal unveiled Wednesday by the Defense Ministry.

08 Apr 2026-16:22
Azerbaijani oil prices average $85 in Q1 2026 outperforming budget forecasts

The average export price of Azerbaijan’s Azeri Light (CIF) crude oil per barrel in global markets for January–March 2026 has been announced

08 Apr 2026-16:05

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