![](https://www.middleeasteye.net/sites/default/files/images-story/saudi-arabia-mbs-new-delhi-g20-september-2023-ludovic-marin-pool-afp.jpg)
Saudi Arabia's profits from oil exports plunge as kingdom tightens purse strings
Saudi Arabia’s revenue from oil exports have plummeted to a three-year low, testing the kingdom’s ability to support oil prices by choking supply. Saudi Arabia earned just $17.7bn from oil sales abroad in June, according to government data, or nine percent …