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Despite attacks, Saudi Aramco posts 34% rise in net profits in latest quarter

Despite attacks, Saudi Aramco posts 34% rise in net profits in latest quarter
Key Points

Despite attacks, Saudi Aramco posts 34% rise in net profits in latest quarter Issued on: Saudi Arabia's state-owned oil giant saw its profits rise to $36.25 billion in the third quarter, despite seeing its infrastructure and even headquarters targeted by Houthi rebels. Elevated oil prices have offset the supply disruption caused by the Iran war. Also in this edition: North Korea denies any involvement in the largest-ever crypto heist and we take a look at how Russia's strikes against Ukraine...

Despite attacks, Saudi Aramco posts 34% rise in net profits in latest quarter Issued on: Saudi Arabia's state-owned oil giant saw its profits rise to $36.25 billion in the third quarter, despite seeing its infrastructure and even headquarters targeted by Houthi rebels. Elevated oil prices have offset the supply disruption caused by the Iran war. Also in this edition: North Korea denies any involvement in the largest-ever crypto heist and we take a look at how Russia's strikes against Ukraine are destroying what's left of its economy. Related keywords
Saudi Aramco (ORG) Saudi Arabia's (LOCATION) Houthi (ORG) the Iran war (EVENT) North Korea (LOCATION) Russia (LOCATION) Ukraine (LOCATION)
Originally published by France 24 Read original →