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Saudi Budget Deficit Exceeds 9 Billion Dollars Due To Aggression on Yemen

Saudi Arabia’s budget deficit in the first quarter of 2018 stood at 34.3 billion Saudi riyals ($9.15 billion), at around 18 percent of the total forecast budget deficit for this year, the finance ministry said.

China Rejects US Request to Cut Iran Oil Imports

China has rejected a US demand to cut Iranian oil imports despite Washington’s attempts to bring down the Islamic Republic's oil sales to zero, Bloomberg reports.

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