Saudi Arabia seems to have won a price war against Russia and the US that was launched in early March. Yet, some analysts consider it a Pyrrhic victory since the kingdom’s revenue from oil exports has considerably decreased. This delivered a hard blow to Crown Prince Mohammed bin Salman’s ambitious plans for the kingdom. During the oil price crash, the key importers of Saudi oil such as the US and some Asian countries have stocked up on cheap crude. As a result, oil storage facilities became full all over the world while global oil shipments have dropped. On the one hand, the Saudis have achieved their goal to drive Russian and American suppliers out of the market. Moreover, the outlook for oil production in the US and Russia remains rather pessimistic. However, this does not seem to help balance the market as global oil supply still outstrips demand. As the volume of Saudi oil exports is shrinking, so does the state budget of the kingdom. In the near term, the situation in the energy market is unlikely to improve. Therefore, the Saudis will most probably need to tighten their belts and brace for more financial challenges. For Mohammed bin Salman, this will mean the postponement of the Saudi Vision 2030 ambitious program. The key goals of the program include reinforcing the public service sector and infrastructure, investing in innovative projects, and increasing non-oil revenues. If the new development plan is disrupted, this could lower the prestige of the kingdom.