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