Saudi Aramco Profit Jumps 26% as Iran War Drives Oil Prices

Saudi Aramco Profit Jumps 26% as Iran War Drives Oil Prices

Saudi Aramco reported a 26% jump in first-quarter profit following a war-induced rise in prices of oil and refined fuels, and as it redirected exports via a pipeline bypassing the Strait of Hormuz.

Source: www.bloomberg.com

By

Leave a Reply

Your email address will not be published. Required fields are marked *