December 2, 2025

Saudi Budget Defies Oil Slump With More Spending and More Debt

Saudi Budget Defies Oil Slump With More Spending and More Debt

By Julianne Geiger – Dec 02, 2025, 1:15 PM CST Saudi Arabia is doing something that might seem confusing; it’s spending more, borrowing more, and pushing ahead with massive economic projects, even though oil prices are far too low to balance the budget. According to the new 2026 budget outline released on Tuesday, Riyadh plans […]

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How Russia-Ukraine Peace Talks Could Hit Global Oil Prices, And What That Means For India

How Russia-Ukraine Peace Talks Could Hit Global Oil Prices, And What That Means For India

Last Updated: December 02, 2025, 12:38 IST If the US offers sanction relief, European buyers may return to the Russian oil market. That could reduce India’s leverage. But expert says impact would not be ‘catastrophic’ Markets are optimistic now, but if Ukraine-Russia talks collapse, oil could spike again. (Reuters Photo) President Donald Trump has dispatched

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