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Oil Giant Saudi Aramco Reports 33% Profit Surge, Despite Iran War Disruptions

New York Times Tuesday 04 August 2026, 10:18 UTC By Lisa Friedman 1 min read
Key Points

Higher oil prices propelled a quarterly earnings jump for Saudi Arabia’s energy giant, which used pipelines to work around disruptions in the Strait of Hormuz.

Higher oil prices propelled a quarterly earnings jump for Saudi Arabia’s energy giant, which used pipelines to work around disruptions in the Strait of Hormuz.
Profit Surge (ORG) Iran War (EVENT) Saudi Arabia’s (LOCATION) the Strait of Hormuz (LOCATION)
Originally published by New York Times Read original →

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