Saudi oil giant Aramco sees 25% jump in Q1 profit after shifting exports from Strait of Hormuz - AP News
business 2026/05/10 20:07:00

Saudi oil giant Aramco sees 25% jump in Q1 profit after shifting exports from Strait of Hormuz - AP News

Source:Associated Press
Author:Associated Press

Aramco, the world’s largest oil company, reported a 25% jump in first-quarter profits amid tight global oil supplies. The company shifted some of its oil shipments to a pipeline that avoids the disrupted Strait of Hormuz. Aramco said its East-West Pipeline, w…