#mehangai news - Saudi Arabia deficit balloons to $98 billion, kingdom raises petrol prices by 50%

International Business Times, India EditionSaudi Arabia deficit balloons to $98 billion, kingdom raises petrol prices by 50%International Business Times, India EditionSaudi Arabia, the world's biggest oil exporter, has raised petrol prices by about 50% at home by cutting subsidies in the wake of a record budget deficit of $98 billion due to a slump in global crude oil prices. Petrol prices are set to go up by up to ...

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