Saudi oil giant Aramco said Sunday its net profit rose by 25.5 percent in the first quarter compared to the same period last year, after the Middle East war sent oil and gas prices soaring.The result comes as uncertainty plagues global markets over the conflict's trajectory, with Iran restricting the passage of hydrocarbons through the strategic Strait of Hormuz.
Oil giant Saudi Aramco says quarterly profits up as crude prices surge
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Story Timeline
Mon 04:12 - Middle East Eye
Medicine prices surge in Iran after war, shortages reported
Mon 15:10 - The Hill
Homebuyers, builders grapple with rising prices amid war in Iran
Tue 00:51 - Middle East Eye
Energy prices surge, stocks and gold fall amid escalation
Wed 12:54 - BBC Headlines
Oil prices drop and stock markets rise after reports of deal to end Iran war
Thu 07:27 - BBC Headlines
Shell profits rise as Iran war pushes oil prices higher
Sat 00:37 - Middle East Eye
UN: Iran war pushes global food prices to three-year high
Sat 01:32 - Middle East Eye
Oil spill spotted near Iran export terminal on Kharg Island, AP reports
Sat 10:00 - Washington Examiner
Trump’s messaging on gas prices is falling flat
Sat 16:43 - Middle East Eye
Global oil stocks drop almost 270 million barrels since start of Iran war
Sun 06:39 - Middle East Eye
Saudi Aramco reports soaring profits amid global energy turmoil
Sun 08:30 - Al-Monitor
Oil giant Saudi Aramco says quarterly profits up as crude prices surge
Sun 09:04 - Middle East Eye
Aramco CEO says world lost 1 billion barrels of oil in two months