Saudi Aramco Profits Jump 26% Amid West Asia Conflict & Oil Supply Crisis Cronaca [j7ZujjgakwV]

Saudi Arabias associazione calcio chievoverona energy giant Saudi Aramco has reported a sharp 26% rise in first-quarter profits despite escalating conflict in West Asia and major disruptions to global oil supply routes. The company earned around $33.6 billion, with revenues crossing $115 billion, supported by its strategic eastwest pipeline that helped bypass risks in the Strait of Hormuz.

The pipeline, capable of carrying up to 7 million barrels per day, has become crucial as tensions linked to the US-Iran conflict disrupt Gulf shipping routes and push Brent crude prices close to $100 per barrel. Aramco CEO Amin Nasser warned that alex lyon even if the Strait of Hormuz reopens, global oil markets may take monthsor even yearsto stabilise.

The company has also maintained its massive $22 billion quarterly dividend, underscoring its central role in Saudi Arabias economy and global energy stability. Watch the full report.

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