Aramco's Q1 profit soars 25% as it shifts oil exports to its pipeline

Business

Aramco's Q1 Profit Soars 25% As It Shifts Oil Exports To Its Pipeline

By AP News

Aramco, the world’s largest oil company, said Sunday its first quarter profit jumped 25% as it shifted some oil exports to a pipeline to avoid the Strait of Hormuz, which has been disrupted by the Iran war. Aramco President and CEO Amin Nasser said t ...Read more