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

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.

Saudi Aramco's profits soar 44 percent as war boosts oil prices Oil company Saudi Aramco reported a 44 percent surge in net profits on Tuesday, as the war on Iran sent oil prices soaring. Its net income of 122.6 billion Saudi riyals ($32.7 billion) from April to June was up from 85 billion riyals ($22.7 billion)

Aramco posts 44% rise in net profit as Iran war drives up oil prices  Reuters

Saudi Aramco on Tuesday reported a jump in second-quarter profit, following a period of severe disruption through the Strait of Hormuz amid the sprawling Middle East conflict.The world's largest oil company posted adjusted net income of 125.2 billion Saudi riyal ($33.4 billion) over the April to June period, beating an

Clarkson said that its performance had been 'accentuated by turbulence' caused by the war in the Middle East. Profits rose 56 per cent to £61.5million over the six months to 30 June.

Clarkson said that its performance had been 'accentuated by turbulence' caused by the war in the Middle East. Profits rose 56 per cent to £61.5million over the six months to 30 June.

Eterna Plc reports a significant N5.88bn half-year profit for H1 2026, driven by robust revenue growth and improved operational efficiency across its busin