Iran war boosts Saudi Aramco profits, up 26% in Q1

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Saudi Aramco reported a 26 year-on-year jump in first-quarter profits on Sunday, beating analyst forecasts, as a key pipeline allowing it to circumvent the choked-off Strait of Hormuz reached full capacity. Adjusted net income for Q1 2026 stood at 33.6 billion, compared with 26.6 billion in the same period last year, the Saudi Arabian energy []...Click to read more