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Aramco Says July Attacks Had No Material Impact on Operations

Bloomberg Markets Tuesday 04 August 2026, 07:16 UTC By Anthony Di Paola and Alex Longley 1 min read
Key Points

Aramco Says July Attacks Had No Material Impact on Operations Saudi Aramco said attacks on its assets last month have had no material impact on its operations, and the company is working to expand its oil export capacity as the Strait of Hormuz remains disrupted by the Iran war. Chief Executive Officer Amin Nasser made the comments on a call, after the Saudi energy giant reported that key infrastructure was targeted in July attacks. It’s the first time the company has acknowledged the...

Aramco Says July Attacks Had No Material Impact on Operations Saudi Aramco said attacks on its assets last month have had no material impact on its operations, and the company is working to expand its oil export capacity as the Strait of Hormuz remains disrupted by the Iran war. Chief Executive Officer Amin Nasser made the comments on a call, after the Saudi energy giant reported that key infrastructure was targeted in July attacks. It’s the first time the company has acknowledged the incidents since they happened, after oil traders were poring over images of what appeared to be tank fires and flaring at various sites across the kingdom last month.
Aramco (ORG) Saudi Aramco (ORG) the Strait of Hormuz (LOCATION) the Iran war (EVENT) Amin Nasser (PERSON) Saudi (ORG) kingdom (LOCATION)
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