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Saudi Aramco profits soar in second quarter as Iran war squeezes oil

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Saudi Aramco profits soar in second quarter as Iran war squeezes oil
CNBC
CNBC1 hrs ago
Saudi Aramco profits soar in second quarter as Iran war squeezes oil
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
Channel NewsAsia
Channel NewsAsia🏁 first to report23 hrs ago
MUFG's first-quarter profit soars 48% on higher loan margins
TOKYO, Aug 3 : Mitsubishi UFJ Financial Group booked a 48 per cent jump in first-quarter profit, it said on Monday, joining rivals in seeing earnings jump in the period as loan demand stayed strong despite volatile global markets.Japan's largest lender by assets generated 809.4 billion yen ($5.2 billion) in net profit