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NYT

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

Tuesday, August 4, 2026


Saudi Aramco reported a 33% profit increase in its latest quarterly earnings. The company attributed the gains to higher oil prices and said it used alternative pipeline routes to bypass disruptions in the Strait of Hormuz. The specific dollar amount and exact quarter were not provided in the available information.

Original reporting: https://www.nytimes.com/2026/08/04/business/saudi-aramco-oil-bp-earnings-iran-war.html

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